That day has come, guys! The Fed will hold a meeting at 21:00 GMT+3. It can be a highly impactful event. The markets expect the bank to hint about the timing of tapering.
Tag - jpy - japanese yen
A selloff in stocks stopped. S&P 500 has reversed up from the 100-day moving average. It should be the perfect time to buy the index.
The US showed strong retail sales for August despite the spread of the Delta virus strain. As a result, the US dollar rocketed and gold dropped by 2286 points in half an hour after the release.
We have outlooked several promising Forex pairs and the result can surprise you!
What happened? Yoshihide Suga left the position of Japan’s prime minister…
The US dollar takes a breath after a long rally. Its recent jump was caused by the Fed’s Meeting Minutes. What else drives the market?
What happened? Japanese shares fell on Monday…
The volatility of the USD may increase this week, while the kiwi awaits the key decision
Investors concern that the economic recovery may be hampered by the fast-spreading delta virus variant.
The week is going to be interesting for traders! Eurozone’s ZEW Economic Sentiment, US Inflation Rate, and OPEC+ meeting will shake the markets.
USD/JPY declined further during yesterday’s trading, reaching as low as 109.36, while our short signal from 110.20 is still active and is giving us over 80 pips.
In our FOMC Meeting live coverage on YouTube yesterday, we sent out a short signal on USD/JPY around 25 minutes after the decision and right before the press conference.