Forex Top Team

US FOMC, ECB, Bank of Japan Monetary Policy Announcement next week

This week has seen a strengthening in USD, but the reasons behind its rally are questionable. There seems to be a correction in the market after a continuous 6-day USD decline until last week. Various factors are influencing the market sentiment. For USDJPY, BOJ Governor Kuroda’s reaffirmation of the easing stance cooled down the YCC […]

BOJ Governor Ueda Cools YCC Revision Speculation, Dollar-Yen Decline Lulls

  Shutaro Ueda, the Governor of the Bank of Japan (BOJ), poured cold water on the speculation of Yield Curve Control (YCC) revision, and the decline in USD/JPY seems to have paused. In today’s Tokyo market, USD/JPY is trading in the 139 yen range. It has regained some ground after last week’s decline to the […]

Markets in an adjustment mood in the first half of the week

According to the market report, the beginning of this week has seen a broadening corrective mood in trading. Last week, the US Federal Open Market Committee (FOMC) and the European Central Bank (ECB) meetings resulted in a strengthening of selling pressure on the US dollar. Meanwhile, the Japanese yen weakened due to the Bank of […]

BOJ Decides to Continue Large-Scale Monetary Easing, Maintains Price Outlook

According to the Bank of Japan’s monetary policy decision on the 16th, they have decided to continue their current large-scale monetary easing policy centered around Yield Curve Control (YCC). There were no significant changes in their perception of the economy and prices. In a survey conducted by Bloomberg among 47 economists from the 1st to […]