Author: FX
Summary:Bank of Korea Governor Rhee Chang-yong said the central bank will review its forward guidance framework on the future path of interest rates.Rhee warned that excessive won weakness could harm domestic businesses and add to inflation pressures.He said USD/KRW levels above 1,400 appear disconnected from Korea’s economic fundamentals.The BOK will not support U.S.-bound investment decisions that could undermine foreign-exchange stability.Authorities are considering expanding special lending programmes for small businesses.Rhee also called for a comprehensive review of pension funds’ overseas investments, citing FX implications.-The Bank of Korea has signalled growing unease over foreign-exchange volatility, with Governor Rhee Chang-yong warning that the…
The USD/JPY pair gains ground to near 156.75 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) as traders have been disappointed with the slow and cautious pace of the Bank of Japan’s (BoJ) monetary tightening. The BoJ raised its policy rate to 0.75% from 0.50%, the highest level in 30 years, at its December policy meeting. However, the Japanese central bank did not provide specific guidance on the pace of future hikes, which disappointed the market and weighed on the JPY. On the other hand, the US Federal Reserve (Fed) is expected to cut the interest…
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There are two big events to watch for in 2026 that will swing the outlook for the loonie, including one that could be just days away:1) Supreme Court decision on tariffsThe Supreme Court has until late June to decide on the legality of US tariffs on Canada but because this was an expedited hearing, we expect a decision this month or in February. The decision itself is important, especially in terms of possible refunds but there is a critical signaling mechanism here. The vote margin and the argument will tell us about what will happen if Trump tries to put…
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The Ryan Jones SM MT4 Indicator helps solve this problem by providing a smoother reading of price strength and direction. It gives traders a clearer picture of momentum shifts, making it easier to plan entries and exits with confidence. Understanding the Ryan Jones SM MT4 Indicator The Ryan Jones SM MT4 Indicator is designed to simplify momentum reading by smoothing market data and highlighting when buyers or sellers are gaining control. It removes much of the noise that newer traders often struggle with, helping them focus on the overall direction. By offering a visually clear momentum line, it becomes easier…
The Extra Polator MT4 Indicator helps solve this issue by giving traders a clean and smooth projection of future market direction. Its simple design makes it easier to understand where price pressure may be building, helping traders make better decisions with more confidence. What Is the Extra Polator MT4 Indicator? The Extra Polator MT4 Indicator is a visual forecasting tool that uses past market data to draw smooth projection lines on the chart. These lines show where price may move next based on current momentum and direction. Instead of using complicated formulas or overwhelming the screen with extra elements, it…
Article Highlights NZD/CAD decisively breaks below its lower Bollinger Band, ending weeks of contained price action. A slip under the 0.7910–0.7920 support zone puts recent dip-buyers firmly on the defensive. The mid-band near 0.7973 now defines the upside ceiling if a bounce attempts to form. The latest move in NZD/CAD has pushed the price outside its recent volatility band, signaling an unusual extension to the downside. This type of breach often draws attention from traders looking for either exhaustion in the current move or acceleration in a developing trend. How price behaves around this level may set the tone for…
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