BOJ

The Bank of Japan held its monetary policy meeting last week on Wednesday. As widely expected, the central bank kept its interest rates unchanged including its QE operations. The central bank will also continue to purchase exchange-traded… Read More

The latest revised GDP numbers from Japan showed that the economy advanced faster than previously expected. The data on the final reading on the gross domestic product from the Cabinet Office showed that Japan's GDP advanced at an annual… Read More

The economic calendar for the week ahead is expected to be relatively quiet. The central bank meetings due this week include the Bank of Japan and the Swiss national bank. No changes are expected from either of the central banks at this… Read More

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 12k contracts to take the total position to 11k contracts. The record long position that built up in EUR over the first few months of the year, on… Read More

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 8k contracts to take the total position to 30k contracts. This latest buying spree of the EUR reflects the market’s relief in response to… Read More

Daily Forex Market Preview, 31/07/2018 On the economic front, the preliminary inflation report for Germany showed that consumer prices rose 0.3% on the month. This was slightly below the median estimates of a 0.4% but inflation accelerated… Read More

The economic calendar for the week ahead is a busy one with lots of reports coming out during the latter part of the week. Among the high ticket events, the FOMC is expected to meet this week. No changes are expected to the monetary… Read More

 EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 2k contracts to take the total position to 34k contracts. EUR long positioning continues to be steadily reduced as the market digests the ECB’s… Read More

The Fed: Gradual Policy Tightening In Full Swing The Fed has reaffirmed its commitment to sticking to its plan of “gradual” policy normalisation with two more hikes forecast this year. The economic outlook is good, with the economy on… Read More

The Bank of Japan has the option to adjust its already large monetary policy further, a high ranking official from the Bank of Japan said last week. The BoJ's deputy governor, Amamiya told a local newspaper that the central bank could… Read More