Yen Surges on Suspected BOJ Intervention
The yen jumped 2% Thursday on suspected Bank of Japan intervention, with no confirmation yet and an even bigger BOJ rate decision due Friday.
The yen jumped 2% Thursday on suspected Bank of Japan intervention, with no confirmation yet and an even bigger BOJ rate decision due Friday.
The USDCAD has extended to a fresh low for the day and its lowest level since June 17. In the process, the pair has broken below the swing lows from July 17 and July 20 at 1.4003, with today’s low reaching 1.3993. Despite the break, the price remains above the 38.2% retracement of the rally from the May 1…
British Pound surges on BoE hawkish hold, Yen intervention crushes USD The Pound Sterling registers gains versus the US Dollar after the Bank of England decided to hold rates unchanged, in a 6-3 vote, while suspected intervention to propel the Japanese Yen weakened the Greenback against most G8 currencies. The GBP/USD trades at 1.3430, up 0.40%. Read More… British Pound drops against its…
2026.07.30 2026.07.30 What Are Privacy Coins and How Do They Work? Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ Imagine withdrawing cash from an ATM. Once you have the money, neither the bank nor anyone else can track how you spend it. Most cryptocurrencies work differently. Their transactions are recorded on a public blockchain, allowing anyone to view your wallet history with a blockchain explorer….
Rounding up this busy central bank week is the BOJ which will be announcing its policy decision on Friday. Here’s what to look out for.
The major stock indices are rebounding led by the NASDAQ index with a gain of 2.39%. The NASDAQ 100 is doing even better with a gain of 2.89%. The S&P is up 1.23% and the Dow industrial average is up 0.68%. Yesterday, the major indices fell sharply with the final numbers showing: Dow industrial average fell -1153.14 points or…
Russia Central Bank Reserves $: $732.1B vs $722.9B
2026.07.30 2026.07.30 Pound Benefits from BoE’s Forward Guidance. Forecast as of 30.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While Kevin Warsh has left the US dollar without a clear direction, the Bank of England’s continued hawkish rhetoric is giving the pound a clearer path forward. Let’s examine the situation and develop a trading plan on the GBP/USD pair. The article covers the following…
USD/JPY sits under a fresh high as the Fed held rates as expected while the Bank of Japan (BOJ) is lined up to announce its policy decision.
The Bank of England is expected hold the Bank Rate unchanged at 3.75% with a 7-2 vote split with Pill and Green supporting a rate hike. There is a good chance we see a 6-3 vote split with Mann joining Pill and Greene. That wouldn’t be a total surprise though. In fact, based on her recent comments, she’s the…