USDJPY to rise towards our end-2016 target of 134 - BNP Paribas "The Bank of Japan maintained its annual monetary base expansion target of JPY 80trn, but outlined some changes to the composition of purchases.""The BoJ extended the average maturities of JGBs it buys to 7-12 years (from 7-10 currently), announced JPY 300bn of additional ETF purchases and increased the maximum amount of each REIT issue it can buy to 10% from 5% currently." ...
An index monitoring business sentiment in Japan was unchanged in the fourth quarter of 2015, the Bank of Japan said on Monday in its quarterly Tankan business survey. more...
Trade Ideas For EUR/USD, USD/JPY, AUD/USD, USD/CAD - UBS EUR/USD: "We think the move lower will continue and any disappointment in today's US data would provide an opportunity to add to shorts towards 1.0820/30." USD/JPY: "The pair will be a risk play today so follow whatever equities do. As it is Friday, some market participants may want to take positions off of the table. Look to sell USDJPY ahead of 123.00, with a stop ...
Technical Developments to Watch: EUR/USD still below key trend line resistance at 1.1380 GBP/USD testing key support at 1.5190 USD/JPY at a 13-year high, bias bullish above 124.15 NZD/USD in play, potential for another leg lower if RBNZ cuts rates EURUSD exploded higher early last week before but gave back most of its gains on Thur. & Fri. MACD and Slow Stochastics show balanced, ...
2015-05-28 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims] past data is 275Kforecast data is 271Kactual data is 282K according to the latest press release if actual < forecast (or previous data) = good for currency (for USD in our case) [USD - Unemployment Claims] = The number of individuals who filed for unemployment insurance for the first time during the past week. Although it's generally viewed as a lagging indicator, ...
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