BOJ Holds Steady Traders were treated to some late New Year fireworks overnight as the Japanese Yen collapsed across the board in reaction to the latest BOJ meeting. Ahead of the January monetary policy meeting, traders had been increasingly expectant that the BOJ would signal a shift in policy. With the bank having recently lifted […]
Daily Market Outlook, January 18, 2023 BoJ Double Down or Bust The Bank of Japan has once again remained anchored to their easy monetary stance, frustrating bond traders who had been poised to profit from an about turn in Yield Curve Control policy, the Japanese Yen shed 2% as the Nikkei ascended by a similar […]
Can You Recover Money From Forex Scams? Forex trading offers the potential for significant financial gain, however, it also comes with certain risks. These risks are not limited to the choices made during trading, as there are unfortunately always scams and frauds present in the market. As a result, these scams may cause financial loss. […]
Equities Hold Onto Early 2023 Gains A mixed start for equities markets on Tuesday on the back of the latest Chinese economic data seen overnight. Q4 China GDP was seen slowing to 2.9%, well below the Chinese government’s 5.5% target. However, the result was above the market’s 1.6% consensus forecast and shows that while activity […]