Economic Event

Dovish BOJ leaves rates unchanged; USD/JPY makes 6-year highs

The Bank of Japan left rates unchanged at -0.1% and will continue with its monetary stimulus by targeting 0% on its 10-year bond yields. In addition, the BOJ revised down its economic outlook, after recently revising it higher! This is in stark contrast with its counterparts in the US and UK, the Fed and the …

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EUR/AUD and EUR/NZD trying to hammer out a bottom

The Euro has been moving lower against many currencies lately.  For example, EUR/USD has moved from 1.1498 down to 1.0806 over the last month! And one can see as to why:  The Euro zone is a neighbor to a current war zone country, Ukraine. Though inflation has been increasing over last year, the ECB remains dovish …

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How to trade the Non farm payrolls?

?Compare the actual figures with the forecasts in the economic calendar. ?If the actual figures are higher than the forecast, the USD will strengthen; ?If the actual figures are lower than the forecast, the USD will weaken. ?Instruments to trade: EUR/USD, GBP/USD, USD/JPY ?Chart of EURUSD with 100-Day SMA Overlaid with German-US 2-Year Spread (Daily) …

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NFP Preview: An ugly jobs report looks likely – will it deter the Fed?

NFP insight If you’ve gotten accustomed to seeing strong growth in US jobs every single month, as the rest of the world has, you may be in for a rude surprise this month. According to the White House Press Secretary Jen Psaki, a full 9M people called in sick due to Omicron infections in the …

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Key Economic Events for the New Trading Week (17th – 21st January, 2022)

Tuesday 18th January BOJ Outlook Report [JPY] What is this? This economic event provides valuable insight and ideas on the banks view on the economic conditions and inflation rates in the country. BOJ – Bank Of Japan Time: Tentative Wednesday 19th January GBP [CPI y/y] @ 7:00am GMT CAD [CPI m/m] @ 1:30pm GMT GBP …

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