BOJ Keeps its Monetary Policies Unchanged As Anticipated

BOJ Keeps its Monetary Policies Unchanged As Anticipated BOJ Keeps its Monetary Policies Unchanged as anticipated due to which the Japanese Yen changed a little today. The Bank of Japan kept its short-term interest rate at -0.1% as assumed. It has also assured to keep the current ultra-low rates“for an extended period of time, at least through around spring 2020”. …

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The British Pound Value Slightly Changed Against Dollar

The British Pound Value Slightly Changed Against Dollar The British Pound Value Slightly Changed Against Dollar today after Boris Johnson Chosen as New U.K. Leader. The GBP/USD pair finally traded at 1.2429 by 11:30 PM ET (03:30 GMT), down 0.04% Boris Johnson was named Prime Minister and leader of the Conservative Party. Johnson won against Jeremy Hunt by a margin …

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New Zealand Dollar Descend Today

New Zealand Dollar Descend Today New Zealand Dollar Descend Today since the Reserve Bank of New Zealand said that it has done contingency planning for unfamiliar Financial stimulus. The central bank also added that the work is currently “a very early stage”. “The announcement shows that the N.Z. economy is no longer immune to unconventional policy,” said ANZ. It also …

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Forex Daily Forecast – 03 July 2019

EURUSD INTRADAY : Probable Downside Preferred Trade: Sell Below 1.1268 Expected Target 1.1228 Alternate Scenario: Buy Above 1.1308 Expected Target 1.1348 Events: German Services PMI (Jun) release on 13:25 GMT by European Union Crude Oil Inventories release on 20:00 GMT by the US GBPUSD INTRADAY : Probable Downside Preferred Trade: Sell Below 1.2571 Expected Target 1.2531 Alternate Scenario: Buy Above 1.2611 ...

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U.S. Dollar Rose High Against Japanese Yen

U.S. Dollar Rose High Against Japanese Yen The U.S. Dollar rose high against Japanese Yen today encouraged by the hopes of Sino-U.S. trade talk progression even the investors were cautious about the meeting between leaders of the two powers in Japan. The greenback was little changed at 107.730 yen, having risen about 0.6% overnight to 107.850 yen. The dollar was …

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The US Dollar Increased Its Value

The US Dollar Increased Its Value The US Dollar increased its value today. Jerome Powell’s U.S. Federal Reserve chairman commented that the Central Bank is covered from political influences. The U.S. dollar index gained 0.2% to 95.808 by 12:25 AM ET (04:25 GMT). Yesterday Powell also said that “The Fed is insulated from short-term political pressures – what is often …

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