Sterling Slump Continues after Disappointing UK Retail Sales

The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix

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Japanese Yen Tumbles as BOJ Maintains Status Quo: USD/JPY Eyes 150

JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next for USD/JPY?

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Asia Day Ahead: Risk-off Sentiment in place, BoJ Meeting on the Radar

Major US indices are finding themselves at a critical juncture, with the S&P 500 and the Nasdaq 100 back to retest their respective key support levels.

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Japanese Yen Forecast: Bank of Japan May Rock the Boat for USD/JPY. How?

The Bank of Japan will announce its September monetary policy decision on Friday. No changes are expected, but the institution may subtly signal that a shift in the strategy is looming on the horizon.

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Gold (XAU/USD) Bounces as the Dollar Index (DXY) Rally Stalls at Key Resistance

The ‘Hawkish” Fed pause put an end to an excellent rally for Gold this week. The precious metal dropping around $30 since the FOMC meeting with further downside growing more likely in a higher rate environment.

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