The yen's recent sharp declines are negative for Japan's economy and therefore undesirable, as they make it hard for companies to set business plans. Get your market update from RichardSnowFX here:
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USD/JPY could rally well beyond the 135.00 mark – INGA hawkish Federal Reserve on Wednesday will bode ill for the battered yen and raises the probability of an imminent round of FX intervention from Japa
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Gold Price Forecast: XAU/USD eases from $1,880 hurdle on strong USD ahead of FedGold Price (XAU/USD) pulls back to $1,874, after rising to the highest levels since May 09, during Monday’s Asian session. The precious metal’s latest
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USD/JPY plummets from multi-year highs above 135.00 towards 134.20s ahead of Fed’s decisionUSD/JPY plummets from multi-year highs above 135.00 towards 134.20s ahead of Fed’s decision By christianborjon USDJPY Majors Macroeconomics Fed BOJ
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GBP/USD Forecast: Surprise Decline in UK GDP, Sterling Hitting the LowsUK GDP for April posted a surprise contraction of 0.3%, marking a second consecutive month of negative growth, in which all main sectors declined. Get your market update from JMcQueenFX here:
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BOJ offers to buy JGBs worth JPY500 billion, USD/JPY stays above 135.00The Bank of Japan (BOJ) set a new offer for its bond-buying programme on June 14, announcing it would buy JPY500 bln worth of Japanese Government Bond
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Euro Price Forecast: Tough Task for ECB as Periphery Spreads Widen, EUR/USD Below 1.05The euro has continued to depreciate against the dollar after last week’s surprise U.S. inflation beat that added to the Fed’s hawkish narrative. Get your market update from WVenketas here:
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