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Monthly Archives: January 2024

Yen Stimulates by Hawkish BoJ meeting minutes

Written on January 31, 2024 at 9:20 am, by

The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rate policy were noted. The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rateContinue Reading

U.S. PCE Pressures Dollar To Trade Lower

Written on January 31, 2024 at 9:17 am, by

The PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The Federal Reserve’s preferred inflation gauge, the PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The inflation data, aligning with market expectations at 2.6%, suggests that pricing pressures in the U.S. areContinue Reading

Dollar Poise Ahead Of Interest Rate Decision

Written on January 31, 2024 at 9:14 am, by

The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rate policy were noted. The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rateContinue Reading

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