USD/JPY slides toward 127.00 as Japanese Yen keeps rallying ahead of BoJ decision
USD/JPY is holding the latest downtick below 127.50, having renewed eight-month lows at 127.24. Bears remain in control at the start of the week on Monday, as the Japanese Yen
5 altcoins that could breakout if Bitcoin price stays bullish
The cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995 billion on Jan. 14, according to CoinMarketCap data. Bitcoin (BTC)
BOJ Surprise Can’t Be Ruled Out in First Move of 2023
The Bank of Japan returns to the spotlight this week after it shocked global financial markets in December with a tweak to its stimulus program. While all but one of
China: The PBoC inject liquidity to support growth but the yuan could turn weaker in March
The PBoC decided to leave the 1Y Medium Lending Facility (MLF) policy rate at 2.75% today. But there was an extra liquidity injection on the 1Y MLF volume of CNY
The Global Week Ahead: From One New Year to Another
If this past holiday-shortened week was any indication, then market participants can expect a continuation of high volatility around major releases given how central banks have programmed markets to be
Crypto companies aim to build trust within future products and services
The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem.
US CPI Featured and Why the Fed may Still Hike by 50 bp
The most important economic report in the week ahead is the US December Consumer Price Index on January 12. To be sure, the Federal Reserve targets an alternative measure, the China Fx Reserves Rise $11 Billion to $3.128 Trillion in December
China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies. The country’s foreign exchange reserves – the world’s largest –
Euro Zone’s Worst Year of Inflation Probably Ended With Respite
The worst year of inflation in euro-zone history probably ended with a touch of respite as the pace of cost increases returned to single digits, economists say. The initial reading