Asia FX steady as Fed cut bets gain steam; yen rises on BOJ hike signals
Asia FX steady as Fed cut bets gain steam; yen rises on BOJ hike signals
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USD/JPY Mid-Day Outlook – ActionForex
Daily Pivots: (S1) 156.29; (P) 156.54; (R1) 156.93; More… No change in USD/JPY’s outlook as consolidations continues below 157.88. Intraday bias remains neutral at this point. Further rally is expected with 154.33 support intact. On the upside, firm break of 158.85 key structural resistance will be an important medium term bullish sign. Next target will…
Indices Slide Ahead of CPI Data! – Orbex Forex Trading Blog
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Soft-Landing, or No Soft-Landing, That is the Question: Part I – Action Forex
Part I: A New Toolkit to Predict Soft-Landings, Stagflation and Recessions Summary In this first part of a series of reports, we introduce a new toolkit to predict the probability of soft-landing, stagflation and recessionary episodes. Bernanke (2024) reviewed the Bank of England’s forecasting process for monetary policymaking, concentrating on the Bank’s forecasting and decision-making…
EUR/USD – 01.11.2024 – Orbex Forex Trading Blog
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In the spotlight: US inflation and GDP data
In the final trading sessions of May, leading currencies have been in a downward trend against the dollar. For instance, the pound/dollar pair lost over 100 pips in a single day, euro sellers in the EUR/USD pair are testing 1.0800, and the USD/CAD pair might update its May high around 1.3760. USD/CAD The rise in…
