Pressure on BOJ Grows
Market movers today In the US, household spending probably declined in December, with high-frequency indicators […]
USD/JPY Aims Fresh Increase If It Clears This Resistance
Key Highlights USD/JPY started a recovery wave above the 129.50 resistance. A key bullish trend […]
Busy Japanese Calendar Next Week, But Yen’s Performance in the Hands of the Fed
Amidst the most important week yet in 2023, we get a plethora of Japanese data. […]
Is the USD/JPY Bearish Move Becoming ‘Long’ in the Tooth?
Inflation in Tokyo rose 4.4% y/y in January, its highest level since 1981. And as […]
Will USDJPY Slide Lower in 2023?
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, […]
Japanese Yen Steady ahead of Tokyo CPI
Tokyo CPI expected to rise Inflation has been on the rise in Japan and the […]
USDJPY trapped within bearish area; support at 129
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation […]
Goldilocks Scenario Might Sustain ST Resilience of Equities, Soft Yields and Weaker Dollar
Markets Eco data were few yesterday and the outcome only gave limited directional guidance for […]
GBP/JPY: Minor Double Zigzag WXY Likely to Complete Bullish Trend Near 176.41
The GBPJPY currency pair is presumably in the final part of a major correction pattern […]
EURJPY Retreats After Hitting Downtrend Line at 142.00
EURJPY has been developing within a symmetrical triangle in the long-term timeframe, taken from the […]
Recent Rise in Yields Created Some Breathing Space
Markets The week started with a quiet but constructive trading session. No news apparently was […]
BoC Previews: One more insurance hike before pausing
BoC is expected to deliver an “insurance” rate hike of 25bps today, to bring policy […]