Back

BoJ minutes a non-event

FXstreet.com (Barcelona) - No much to read into the BoJ minutes just published as the report still makes references to the policy views expressed by the old central bank leadership on their last meeting on March 6 and 7, before new chief Kuroda took over. It is probably one of the most irrelevant releases year to date, as the monetary policy path has been dramatically shifted since last Thursday, day when a new radical change in the tools employed to stimulate the Japanese economy was unveiled to the world.

Forex: AUD/USD again above 1.0400 ahead of China CPI

Still almost 2 hours to go until China CPI and AU NAB business confidence are released at 01:30 GMT, AUD/USD is last at 1.0415, off London session weekly highs at 1.0424. The pair opened the week in Asia-Pacific with a weak tone yesterday printing weekly lows at 1.0347, but soon found support around the 1.0350 mark and started the recovery till mentioned weekly highs.
Read more Previous

Forex: USD/JPY on track to 100.00; Aso jawboning just a little bump

USD/JPY continues its incessant rise along the Asian session as the big round number 100.00 nears in the horizon. The continuation of bullish tendencies saw the pair net another 184 pips in gains on Monday alone, which adds to the 116 pips gained last Friday and the 320 pips obtained during the BoJ monetary policy release.
Read more Next