BOJ’s Ueda on Whether Tightening Continues in the Turmoil – Orbex Forex Trading Blog

Monetary Authority of Singapore policy statement, leaves policy on hold, as expected: will maintain the prevailing rate of appreciation of the S$NEER policy band There will be no change to its width and the level at which it is centred more to come — Note that the MAS’s key monetary policy tool is its exchange…

USD/JPY is still holding near recent highs, but momentum conditions are starting to look more fragile. A bearish Stochastic crossover has appeared while the oscillator remains in overbought territory, a combination that often gets traders’ attention. When these shifts occur near key price areas, follow-through (or lack of it) can become clearer over the next…

Did the U.S. manufacturing sector extend its stay in growth territory for February? Or was the January pickup just a fluke? Traders are likely to look closely into the jobs and inflation components to get a better picture of what’s really going on in the industry. Here’s what to look out for in the upcoming…

The Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday after registering more than 0.25% gains in the previous session. The AUD/USD pair remains subdued after the release of medium-impact Wage Price Index data for the third quarter. Australia’s seasonally adjusted Wage Price Index rose 0.8% quarter-on-quarter in Q3, unchanged from the previous…