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USD/JPY retreats as BoJ rate hike bets resurface after a US-Japan trade deal. BoJ, Fed decisions, and key data could set near-term forex trends.
The Employment Cost Index (ECI), another major indicator followed closely by the Fed, is expected to show a quarterly rise of 0.8%, down from 0.9% previously. This slight cooling in wage growth aligns ...
On a medium-term view, UBS expects that yield spreads will be crucial with the Federal Reserve set to cut interest rates while the Bank of Japan has scope to tighten slightly. The bank expects that ...
USD/JPY has formed a giant inverse cup-and-handle pattern, along with a bearish flag, as traders await the upcoming Fed and BoJ rate decisions.