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<ul><li><a href="https://www.forexlive.com/news/japan-data-october-industrial-production-final-13-prior-05-20231214/">Japan data: October Industrial Production (final) +1.3% (prior +0.5%)</a></li><li><a href="https://www.forexlive.com/centralbank/barclays-expect-3-fomc-rate-cuts-in-2024-vs-prior

<p>The flash reading for this was released a couple of weeks ago:</p><ul><li><a href="https://www.forexlive.com/news/japan-october-industrial-production-preliminary-10-mm-expected-08-20231129/" target="_blank" rel="follow">Japan October Industrial production (preliminary) +1.0% m/m (expect

<p>The US dollar has weakened acrioss th board after the Federal Open Market Committee (FOMC) and Powell on Wednesday.</p><p>Its lower still in Asia and most notably so against the yen. </p><p>Apart from what has already been posted there is not fresh news, this is selling piling on top of selling as the yen carry trad

<p>The tax reform panel of Japan's ruling Liberal Democratic Party has agreed on income tax breaks aimed at offsetting the pain of price hikes on households to help change decades of deflationary mindset, a document reviewed by <a href="https://www.reuters.com/markets/asia/japan-agrees-tax-cuts-support-households-defeat-deflation

<ul><li>Markets form their own view</li><li>We are more cautious than markets</li><li>It's really too early to start speculating about rate cuts</li><li>There is more to do on bringing inflation down to target</li><li>But there are encouraging signs on inflation</li></ul>&

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/centralbank/boe-leaves-bank-rate-unchanged-at-525-as-expected-20231214/">BOE leaves bank rate unchanged at 5.25% as expected</a></li><li><a href="https://www.forexlive.com/news/pound-gains-as-boe-offers-no-pivot-at-least-for

<p>The pound has moved higher across the board as the BOE signals a "hawkish" hold but essentially, it is just maintaining the status quo from November. The bar for sounding hawkish is an awfully low one at the moment, after the Fed's extremely dovish take yesterday. GBP/USD has moved up from 1.2660 to 1.2705 currently [&hellip

<p>●For approximately 500 days (in 2021–2023), Europe was gripped by an unprecedented energy crisis that was characterised by record-high prices—especially for natural gas. </p><p>●Supply issues induced by the changing geopolitical landscape have been the central cause of the crisis.</p><p>●After reaching an extraordin

<p>It's been more or less a straightforward one so far in European morning trade, with traders sticking with the sell the dollar, buy everything else mood. The more dovish Fed yesterday is the main driver still, all before we get a more of a mix of the BOE and ECB later on. The dollar's struggles […]

<p>Since the retreat from 1.1000 at the end of last month, the pair was caught in and around the 100-day (red line) and 200-day (blue line) moving averages. But after the dollar slumped following the FOMC meeting yesterday, buyers took the call to action to break above the latter and that is seeing the bias […]