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<p>The pair rose to a high of 148.54 as the BOJ left policy unchanged, before gradually slipping to near 148.00 now – trading flattish on the day. In the bigger picture, the 100-day moving average at 147.50 is the key technical level to watch. Hold above that and buyers are still in it with a […]

There were no surprises from the Bank of Japan (BoJ), which retained its ultra-accommodative monetary policy at the first meeting of 2024.

Bank of Japan Leave Rates and YCC Unchanged; Chinese Stocks Recover as $278bn Rescue Plan Mooted; Japanese Stocks Make Another 34-Year High; Fall in NZ Inflation Expected

Gold price (XAU/USD) clings to the range-bound theme during the early Asian session on Tuesday.

<p>Comments from Chair of Australia's sovereign wealth fund, Peter Costello, ahead of the Reserve Bank of Australia meeting in a couple of weeks (February 5 and 6):</p><ul><li>are signs that inflation in Australia is beginning to moderate</li><li>remains a long way to go to get prices back into the central b

<p>As part of the survey is a question on consumer inflation expectations.</p><p>This rose to 5.2% (from 5.0%). The 4-week MA is 5.2% (from 5.1%)</p> This article was written by Eamonn Sheridan at www.forexlive.com.

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