At the end of the day, policymakers can and will spin the narrative to however they see fit with their decision. And with the BOJ these days, the leaked reports leading up to their meeting seem to be the more important part of the narrative. The latest inflation numbers from Japan’s capital here today might
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Yen saw broad declines during Asian session, briefly falling below 158 against Dollar, but the selloff was quickly mitigated by verbal intervention, as least partially. The decline was triggered by weaker-than-expected Tokyo inflation data. Stripping out energy and food prices, core-core inflation remained relatively stable, signaling limited urgency for BoJ to proceed with further rate
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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2024 Recap – Trends and Lessons The base metals industry faced a volatile year in 2024, characterized by persistent macroeconomic challenges and shifting demand patterns. The U.S. The Federal Reserve’s higher-for-longer rate stance capped speculative sentiment, while inflationary pressures and concerns over a global economic slowdown shaped investment flows.China, the world’s largest consumer of base
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EUR/USD is stuck in a tight range around 1.0400 amid thin trading volumes in a holiday-truncated week. ECB Lagarde said she is confident about inflation sustainably returning to the bank’s target of 2% sooner than previously thought. According to UBS, the Fed will deliver two interest rate cuts next year, in June and September.  EUR/USD
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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GBP/USD trades near 1.2570 as volume remains low during the holiday week. The US Dollar Index DXY stays stable around 108.15, showing little movement. Fed’s gradual interest rate cuts expectations weigh on the Greenback. The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to
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