November Tokyo Inflation Boosts Odds that BOJ Will Conduct Another Hike at December Meeting
Markets US markets were closed for Thanksgiving yesterday, leaving European markets looking for their own […]
Elliott Wave View: US Dollar Index Turning Lower
Dollar Index (DXY) has reached 100% Fibonacci extension from 7.17.2023 low and ended the cycle. […]
Tokyo CPI core accelerates to 2.2%, boosting speculation of BoJ rate hike
Tokyo’s November CPI data pointed to resurgence of inflation pressures in Japan, raising expectations for […]
Oil: Price Contracts as Dollar Tries to Recover
Headlines on Thursday revealed that Israel may have violated the recent Gaza ceasefire just one […]
An Appreciation of the Implications of Depreciation
The shift to a more services-based economy increases economy-wide depreciation rates, and so the need […]
USD/JPY Rebound May Stall: What Could Cap Gains?
Key Highlights USD/JPY started an upside correction from the 150.50 zone. A major bearish trend […]
Forex Consolidates; Yen Awaits Tokyo CPI, Ethereum Eyes 3700 Resistance
The forex markets are generally staying in consolidation mode today with US on thanksgiving holiday. […]
RBA’s Bullock: Inflation to take longer to settle due to unusually tight labor market
In a speech today, RBA Governor Michele Bullock highlighted Australia’s “unusually tight” labor market. She […]
Gold’s Upturn: Still Not Quite There
Gold stages a rebound in short-term timeframe Upturn is not convincing; bulls need to overcome […]
Japanese Yen Climbs to Five-Week High Due to USD Weakness
The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market […]
Yen Rally Fizzles, Tokyo Core CPI Expected to Rise
The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading […]
Japan’s industrial output grows 3% mom in Oct, but contractions expected ahead
Japan’s industrial production rose by 3.0% mom in October, marking the second consecutive month of […]