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Today's analysis: USDJPY Poised for Decline Despite Recent Upsurge; Mixed BOJ Signals
Bank of Japan board members are divided on rate hikes due to high living costs and price risks. Some urge caution, while others push for early action. The BoJ will closely monitor data ahead of potential interest rate adjustments. USD/JPY rallied past 158.40 to 159.00, maintaining a bullish trend towards the next target of 160.20.
2024-06-24
US Q2 GDP Preview: Slowest Growth Since 2017
Growth in the second quarter is expected to have slowed to 1.8%, its lowest figure in two years, as continued trade wars weigh on domestic output, providing the Fed signals it needs for rate cuts.
2019-07-26
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