Tag: Tokyo
USD/JPY Forecast: Breaks Key Support as BoJ Rate Hike Expectations Rise
The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...
GBP/JPY Forecast: Daily Analysis and Updates – Action Forex
The GBP/JPY pair continues to show a bearish outlook with no change in sight. The corrective rise from 180.00 appears to have completed with three waves up to 199.79, indicating a potential deeper fall...
Japan CPI Oct 2021: Overall Inflation Eases, Core-Core Rate Rises to 2.3%
Japan's latest inflation data for October showed a mix of both easing and rising price pressures. The core CPI, which excludes food prices, slightly decreased to 2.3% year-over-year, down from 2.4% year-over-year but still...
Bank of Japan Governor Ueda Driving Japan’s Inflation Towards Increase in Domestic Wages
Bank of Japan Governor Ueda recently made some key points about the economy and inflation in Japan. He mentioned that the economy is recovering moderately, despite some weak signs. This recovery is partly due...
Upcoming Economic Events: UK Data, RBA Minutes, Japanese CPI | Forexlive
This week, there are several important economic events to keep an eye on. On Monday, the G20 meeting in Brazil will set the tone for the week.On Tuesday, the Reserve Bank of Australia...
USD/JPY Weekly Forecast: Latest Analysis and Predictions
The USD/JPY pair saw an increase from 139.57 last week, reaching a high of 156.74 before pulling back. This week, the initial bias remains neutral, and there may be some consolidation. However, a further...
BOJ Rate Hike Timing Debate Boosts USD/JPY – Forexlive
The Bank of Japan recently released a summary of their October meeting, sparking a debate on the timing of a potential rate hike. According to Reuters, the Summary revealed that there is a division...
BoJ Minutes: Yen Stabilization Allows Monitoring of Global Economic Risks
The Bank of Japan recently held a meeting in September where they discussed their monetary policy in light of global economic uncertainties. During the meeting, the Bank decided to keep its interest rate steady...
USD/JPY Forecast: Mid-Day Analysis and Outlook – Action Forex
The USD/JPY pair continues to trade in a range, with the intraday bias remaining neutral. It is anticipated that there will be another increase as long as the support at 151.44 is maintained. If...