Japanese Yen Prices, Charts, and AnalysisCurrent market pricing shows a 44% chance of a 10 basis point rate hike tomorrow.Recent wage negotiations may well give the BoJ confidence to move. Tuesday’s BoJ policy meeting may see the Japanese Bank Rate lifted out of negative territory for the first time in over eight years after Japan’s
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Markets Week Ahead: Nasdaq Slips, Gold Steadies, Central Banks on Tap The economic data and central bank calendars are packed full next week with a range of potentially market-moving releases. Five central banks will announce their latest monetary policy decisions, with the Bank of Japan the most interesting. Markets currently see a 40% chance that
GOLD PRICE OUTLOOKGold prices retreated this week but are still up more than 5% in MarchThe Fed’s monetary policy announcement will take center stage in the coming weekThis article examines XAU/USD’s technical outlook and key price levelsMost Read: EUR/USD Levels Off at Support Ahead of Key Fed Decision – Outlook & AnalysisGold prices (XAU/USD) retreated
US DOLLAR FORECAST – EUR/USDEUR/USD moves without directional conviction ahead of next week’s FOMC decisionThe Fed is seen keeping interest rates steady, but there is no consensus on guidanceThis article looks at EUR/USD’s technical outlook over the coming trading sessionsMost Read: US Dollar Soars on Inflation Risks as Fed Looms; EUR/USD, GBP/USD, USD/JPY SetupsThe U.S.
US Dollar Price, Analysis, and ChartsMajor central bank policy decisions next week.US dollar index nears a cluster of resistance points.British Pound edging lower ahead of UK inflation report. The latest US PPI report showed that wholesale inflation remains sticky, denting the recent disinflation story. US y/y inflation rose 1.6% in February, above market expectations of
USD/JPY News and AnalysisRengo announces highest wage increase in 30 yearsBoJ maintains longer-term uptrend and prices continue to riseRemaining central banks to meet next week: BoJ, RBA, Fed, BoEThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Rengo Announces Highest
Most Read: British Pound Outlook & Market Sentiment – GBP/USD, GBP/JPY, EUR/GBPThe U.S. dollar surged on Thursday after a subdued performance in recent days, boosted by soaring U.S. Treasury yields following higher-than-anticipated February’s PPI numbers, released on the heels of Tuesday’s hot CPI report.Labor market data, showing that the number of Americans applying for jobless