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Yen pairs take back losses after dovish Kuroda comments
Despite a stong CPI, BoJ Governor Kuroda continued with dovish comments regarding Monetary Policy.
Kuroda is likely rolling his eyes as USD/JPY taps 145
Another strong inflation report for the US prompted a sharp reversal across global markets overnight - in favour of the US dollar and yields, but to the detriment of commodities and indices.
European Open: BOJ Governor Kuroda jawbones then yen
Yen pairs were given a jolt ahead of the European open after BOJ Governor Kuroda made a few comments on currency movements.
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USD/JPY trades to new 24-year highs! Will it keep going?
The next move for the USD/JPY may depend on Japan fx intervention, comments from Powell, Japan CPI, or an overbought RSI.
EUR/JPY: Reason for optimism ahead of the BOJ?
After yesterday’s snoozer of a Federal Reserve meeting, traders are understandably a bit disappointed that we’ll have another seven weeks of data-watching before the chance of another rate increase from the world’s largest central bank. Before tuning out from the markets for the week though, traders should note that another major central bank faces a much tougher decision tonight.
📈📉 DAILY MARKET VIDEO 📈📉 🇨🇳Chinese PMIs came in strong, showing ongoing recovery 🇪🇺Eurozone #CPI was cooler, but core CPI hit a new high. Core #PCE on tap 🥇#Gold bullish pennant forming below $2k - will we break out? This video is not intended for US audiences. https://t.co/MkwpHZr6SM
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