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Message: [QUOTE="Resolve, post: 224194, member: 29339"] [B][SIZE=5]USD/JPY Analysis: Yen Rises Sharply after Hawkish Government Announcements[/SIZE][/B] [img]https://i.imgur.com/jzDztIt.jpg[/img] Since 2016, the interest rate in Japan has been in the negative zone and has remained unchanged — for more than 7 years it has been -0.10%. This makes Japan fundamentally different from other countries. But over the weekend the Yomiuri newspaper published an interview with Bank of Japan CEO Kazuo Ueda. He said the central bank could end the era of negative interest rates once it becomes clear that the 2% inflation target has been achieved. [img]https://i.imgur.com/3MclCAK.jpg[/img] [B]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.[/I] [automerge]1694440896[/automerge] [B][SIZE=5]Economic Calendar: A Torrent of UK and Chinese Releases, US Inflation and Inventories, and ECB Meeting[/SIZE][/B] [img]https://i.imgur.com/BVXzPWJ.jpg[/img] A torrent of key economic data releases is coming out this week, which will significantly impact the markets. First up is UK unemployment and average earnings on Tuesday (10:00). Unemployment is expected to tick up to 4.3%, while earnings remain steady at 8.2%, presenting a quandary for the Bank of England, as it battles to reduce inflation while not induce a recession. [img]https://i.imgur.com/nEiOalV.png[/img] [B]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.[/I] [/QUOTE]

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