OctaFX | OctaFX Forex Broker
Open trading account

Forex Flash: Who will be the next BOJ governor? Yen to weaken if academic - Nomura

Following the news that BOJ Governor Shirakawa will step down on 19 March, almost a month before his official term ends, according to Nomura FX strategists Yujiro Goto and Yunosuke Ikeda, "we maintain our view that the yen would initially weaken if an academic were to become the next BOJ governor, and rally if a former MOF official were appointed."

Forex: AUD/NZD flat for the week around 1.23; off fresh 30-month lows

With 1 hour to go until Australian jobs data is out, AUD/NZD is currently at 1.2296, near session highs and off fresh 30-month lows at 1.2202, following worse than expected Kiwi jobs data just released moments ago. Even though unemployment rate fell in NZ to 6.9% vs 7.1% expected, the decline was mostly due to lower participation rate, with employment growth at -1% QoQ.
Read more Previous

Japan Dec Machinery Orders (MoM) falls to 2.8% vs 3.9%

Read more Next
Start livechat