Forex
globalreutersOctober 1, 20241 Mins read
USD/JPY is testing above 144.00 on a cautious BOJ – faces resistance around here
globalreutersOctober 1, 20241 Mins read The info from the Bank of Japan this morning is here:
there were signs on the day of the meeting of the Bank being cautious on further rate hikles due to market volatility. So the Summary expressing the same is not fresh news.
Its been enough to see the yean weaken a little.
but I suspect there is resistance above 144.00 for now.
Comments welcome!
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
Close but no cigar again for EUR/USD buyers
The pair tried to seek a firm break above 1.1200 three times...
ForexLive Asia-Pacific FX news wrap: Chinese markets were closed today – action elsewhere
More on BNZ forecasting a 50bp interest rate cut next week from...
More on BNZ forecasting a 50bp interest rate cut next week from the RBNZ
BNZ summarise their reasoing:QSBO just awful CPI headed sub 2.0% Soft labour...
ByteDance (TikTok owner) plans new AI model trained with Huawei chips
An interesting snippet from Reuters ICYMI:TikTok's Chinese parent ByteDance plans to develop...
Leave a comment