Japanese Yen Drops as BOJ Keeps Policy Settings Unchanged: Where to for USD/JPY?

The Japanese yen fell after the BOJ left ultra-loose policy settings unchanged, especially the closely watched YCC policy but removed its forward guidance that pledged to keep interest rates at current or lower levels. What does it mean for USD/JPY?

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Amazon Soars on Upbeat Earnings, S&P 500 Futures Add to Gains as Big Tech Delivers

Amazon’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the e-commerce company soar after the earnings announcement.

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Nasdaq 100 Blasts Higher as Meta’s Earnings Boost Tech, Apple in Focus Next Week

The Nasdaq 100 rallies on Thursday as solid earnings from Meta Platforms boost sentiment on Wall Street, lifting tech stocks. Apple’s quarterly results will steal the limelight next week.

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GBP/USD Price Outlook: Cable Struggling for Bullish Continuation

GBP/USD edged towards the recent peak but bullish momentum appears to be waning ahead of a period of high importance US data including PCE data and the FOMC meeting

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US Q1 Growth (GDP) Disappoints, US Dollar Nudges Higher Post-Release

The US economy expanded by much less than expected in Q1 2023 while prices continue to rise, leaving the Fed with plenty to think about ahead of next week’s FOMC meeting.

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