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BOJ Triggers Yen Longs

BOJ held interest rates unchanged. However, they rose the growth forecast on the back of the sales tax introduced back in October. Yen was supported overnight, and now the markets await the UK job numbers and EA’s ZEW release to find… Read More

The Week Ahead: Keep it Steady

Trade of the week USDCAD Comes Under Renewed Pressure Wednesday will see heightened volatility in the Canadian dollar. The consumer price index (CPI) will indicate whether inflation has picked up, an upbeat number would boost the loonie… Read More