<p>When Haruhiko Kuroda resigned from his post as Bank of Japan governor in April this year, he laid the groundwork for his successor, Kazuo Ueda, to try and make a change on the policy front. His departing words were that "Japan has made steady progress towards achieving its 2% inflation target".</p><p>While those words
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ForexLive Asia-Pacific FX news wrap: USD/JPY jumps after BOJ December meeting summary
<ul><li><a href="https://www.forexlive.com/news/chinas-november-industrial-profits-rebound-with-295-yy-growth-20231227/">China's November Industrial Profits rebound with 29.5% y/y Growth</a></li><li><a href="https://www.forexlive.com/news/goldman-sachs-forecasting-us-inflation-falling-to-lo
China's November Industrial Profits rebound with 29.5% y/y Growth
<p>Industrial profits data for China in November 2023 has been released:</p><ul><li>+29.5% y/y for the month, up sharply from October's +2.7% y/y and its fourth consecutive month of growth</li><li>and -4.4% YTD y/y (i.e. January – November y/y), from January – October's reading of -7.8% y/y&
Goldman Sachs forecasting US inflation falling to low 2% y/y by US spring time
<p>Goldman Sachs is forecasting US inflation (the core PCE inflation rate) falling to a level of low 2s y/y by US spring-time.</p><p>More from the note, issued December 26:</p><p>Our most out-of-consensus call for 2024 is our growth forecast. </p><ul><li>Our 2% forecast for 2024 Q4/Q4 GDP growth is we
Goldman Sachs' view on China for the year ahead is not confidence inspiring
<p>Goldman Sachs head of global currency spoke in a Bloomberg TV interview on Tuesday, mulling further underperformance from China ahead:</p><ul><li>“You want to treat EM and EM ex-China differently. Chinese assets have been pretty uncorrelated with a lot of other EM assets for some time: that has been true on the equity sid
USD/JPY jumped after the BOJ December minutes showed no urgency on a pivot
<p>The December 18 and 19 Bank of Japan policy meeting minutes post is here:</p><ul><li><a href="https://www.forexlive.com/centralbank/the-boj-december-meeting-summary-is-not-suggestive-of-any-urgent-pivot-20231226/" target="_blank" rel="follow" data-article-link="true">The BOJ D
The BOJ December meeting summary is not suggestive of any urgent pivot
<p>Bank of Japan Summary of Opinions from the December Monetary Policy meeting.<a href="https://www.boj.or.jp/en/mopo/mpmsche_minu/opinion_2023/opi231219.pdf" target="_blank" rel="nofollow"> Full text</a>. </p><ul><li> One member said must patiently maintain monetary easing</li>
Smart Cities and Forex Markets – The Dynamic Influence of Smart Cities Transforming the Global Trade
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Revolutionizing Trading: The Profound Forex Impact of Agricultural Trends
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Maximizing Resilience: How Forex Market Cybersecurity Impact Causes Strategic Growth Surge
<h2>Introduction to the Forex Market Cybersecurity Impact</h2> <p>The Forex market is a complex and dynamic financial ecosystem where currencies are traded globally. It plays a pivotal role in the world economy, facilitating international trade and investment. However, in an era dominated by technology, the Forex market faces a gr