About: anakin

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JPY Gains, with Friday’s Tokyo CPI in Focus

USD/JPY holds at 149.178 as traders eye Tokyo CPI for BOJ rate hike clues; support at 148.55, resistance near 149.40. – vtmarkets.com

According to BoE’s Swati Dhingra, central bank policy has limitations in addressing trade-induced price shocks.

Swati Dhingra emphasized central banks’ limited ability to manage trade-based supply shocks affecting prices, especially energy and food.

The day’s data agenda in Asia features New Zealand and Australian economic figures.

Light data from New Zealand precedes Australian capital expenditure figures, contributing to fourth-quarter GDP due next week.

Bulls encountered difficulties as EUR/USD faced strong resistance, failing to surpass the 100-day SMA.

EUR/USD struggles as bullish momentum fades; sellers regain control. A bearish crossover may increase downside risks.

Industrial output in Russia fell short of forecasts, recording just 2.2% instead of 4.2%.

Russia’s industrial output missed forecasts; AUD/USD consolidates, USD/JPY struggles, gold steadies, meme tokens decline, Eurozone inflation stabilizes.

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