Japanese Yen Prices, – USD/JPY Charts and Analysis USD/JPY remains stuck just below 150.00. US/Japan rate differential contracts. US data will steer USD/JPY ahead of next week’s BoJ meeting. Recommended by Nick Cawley Get Your Free JPY Forecast The Bank of Japan gathers for a two-day meeting at the end of the month with markets
Share: The Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), Christopher Kent, did not sound keen on further rate hikes and said that monetary policy is slowing the growth of demand, and inflation. Additional Quotes via Reuters: Policy lags mean some further effects of past rate hikes are still to be felt
The announcement is coming at 0100 GMT, which is 2100 US Eastern time. The RBNZ is widely expected to leave its cash rate target on hold, but: The Reserve Bank of New Zealand is likely to want to see Q3 inflation data, which will be released on 16 October, and labour market data on the
According to Reuters, 4 sources are saying that: OPEC+ ministerial panel unlikely to recommend output policy change at October 4 meeting This is as expected. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: AUD/USD finds nominal selling pressure near 0.6500 while more upside remains favored. Soft US core PCE inflation data dragged the 10-year US Treasury yields to 4.5%. The RBA is expected to keep interest rates unchanged but the interest rate peak is seen at 4.35% by the year-end. The AUD/USD pair rallied to
Share: Pound Sterling finds buying interest while UK recession risks remain intact. UK Manufacturing PMI is expected to contract for the 14th time in a row. UK’s real estate inquiries increase as households see no more increase in mortgage rates. The Pound Sterling (GBP) faces an intense sell-off despite the United States’ core Personal
© Reuters. Nigeria’s external debt has surged by N13.38 tn ($17.38 billion) in the second quarter of 2023 due to a significant devaluation of the naira and changes in foreign exchange policies, according to data from the Debt Management Office (DMO). The country’s external debt rose to N33.25 tn ($43.16bn) in Q2 2023 from N19.64
Share: Gold price trades sideways as uncertainty about the interest rate outlook persists. The Fed kept interest rates unchanged but left doors open for further policy tightening. Unlike other G7 economies, the US remains resilient on the grounds of a strong labor market and upbeat consumer spending. Gold price (XAU/USD) struggles to find
Share: The Bank of Japan (BoJ) will hold its Monetary Policy Committee (MPC) meeting on Friday, September 22 and as we get closer to the Interest Rate Decision, here are the expectations forecast by the economists and researchers of eight major banks. No change is expected, especially after reports emerged last week that
As for when the BOJ might end negative rates, the majority now sees that as coming some time in 2024. 13 of 25 economists are of that view, representing 52%, and that is up from a roughly 41% proportion in the August poll. As for yield curve control, 21 of 27 economists (~78%) say that
