forex japan gdp

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 rate of 3.0% in the three months of April through June 2018. [caption id="attachment_60053" align="alignce...

2018-09-18 John Benjamin Read more
forex jpy

Like all currency pairs, there are certain peculiarities of Japan and their currency that make the JPY perform differently, and this can have an impact on how the market behaves. Consequently here are a few things from a fundamental perspective that could help you in trading yen pairs. [shortcode-variables slug="act_tradeideas"] Overview Th...

2018-09-12 Daniel John Grady Read more
central banks

As we move through the final month of the penultimate quarter of the year, I thought it would be good to have a quick catch up on where the four major G10 central banks are at. It's been a far busier summer than usual with ongoing trade disputes, political turmoil around Brexit and sharp moves in oil, equity and commodity markets which are all h...

2018-09-06 James Harte Read more
forex jpy

Despite expectations, which were now clearly premature, of a shift in policy, the BOJ kept rates on hold.  Alongside the decision, the statement issued forward guidance on rates for the first time with the bank declaring that rates would stay at “extremely low” levels for an “extended period”. BOJ Chief Kuroda said that “This will fully counter ...

2018-07-31 James Harte Read more
JPY Crashes As Q1 GDP Underwhelms

Weakness in Q1 As we have seen across many developed economies this year, Q1 growth in Japan was disappointing, printing -0.6% year over year and -0.2% quarter on quarter. Marking a contraction for the first time on over two years, and ending the longest run of Japanese GDP growth in 28 years, this is clearly a major blow to the BOJ who have be...

2018-05-17 James Harte Read more

March Meeting Minutes Review The BOJ meeting minutes pour cold water on BOJ normalisation expectations following their release. Though the bank kept policy unchanged at current levels, as was widely expected, the market was taken slightly by surprise to learn that several on the BOJ board cautioned against a premature exit from the bank’s curre...

2018-05-08 James Harte Read more
JPY

Eurozone to slow, US to expand So what is ahead for the ECB and BOJ Over 2018? Among the forecasts and projections being laid out for the year ahead, one of the consensus calls  for 2018 is that growth in the eurozone will slow down while growth in the US is expected to ramp up. Following an expansion in growth this year, most analysts are expe...

2018-01-17 James Harte Read more
2018 Forex Predictions

As 2017 comes to a close, traders are getting ready to analyse their performance for the year and plan how to make the most of the opportunities 2018 has in store. This means trying to figure out what price movements are likely in 2018 or market trends one may expect. The answers to these questions will depend on macroeconomic events, taking pla...

2018-01-17 Orbex Read more
Bank of Japan keeps policy on hold

BoJ votes 8 - 1 to keep monetary policy steady. Central bank keeps the main interest rates unchanged at -0.10% Japanese Government bond yields target remains unchanged at 80 trillion yen. BoJ signals optimism as it expects growth and inflation to rise moderately. The Bank of Japan held its monetary policy meeting on Thursday last...

2018-01-17 John Benjamin Read more
Forex Afternoon

The markets will be looking to a short trading week as the holiday season kicks in. Economic details are sparse with not many market moving events lined up over the week. Trading volumes are also expected to remain light which could see some erratic market behavior into the end of the year. The lack of macro-economic data could also mean tha...

2017-12-24 John Benjamin Read more