Bank of Japan

There is a lot of data highlighting the overnight session into tomorrow and also during Wednesday's session. Tonight, at 7:15 pm, we get Japanese Manufacturing PMI. This is an important number because Japan has a large manufacturing base and it is interesting to see how Japan is recovering since...

There has been a lot of weakness in growth currencies recently, largely due to fears of a continued global slowdown. Also, a weak Euro has been one of the biggest consequences of the deflating European economy. The EUR/USD Dollar cross rate has been extremely weak over the last 10 months, trading...

Earlier today Norges Bank, the central bank of Norway, announced that it would cut the key policy rate by 25 basis points to 1.5%. The central bank also said that "a substantially stronger krone may also result in further interest rate cuts." The announcement shook the currency market and USD/NOK...

The Japanese yen reversed course and strengthened against the American dollar, the euro and other major currencies during trading on Monday. One of the reasons for the strengthening yen was that the Group of 20 nations resisted the requests from European Union leaders to increase the contribution...

Japanese authorities reported a trade deficit for last month that was the biggest January trade deficit on record. A strong yen, after effects from last year's natural disasters and weakening demand in China and Europe were the major contributing factors to Japan's growing trade deficit. The...

Whenever Greece takes a step forward in addressing its financial crisis, the country then seems to take two steps back. Greece's chances of avoiding a painful default seem to have taken yet another step back, as Eurozone finance ministers have questioned the country's willingness to commit to...

The Japanese stock market closed at a 6 month high on Wednesday, a day after the Bank of Japan made the unexpected announcement that it was increasing its asset purchase and lending program and had set its official inflation goal at 1 percent. The Nikkei 225 index of Japanese stocks climbed 208.27...

The Japanese yen fell against the US dollar after the Bank of Japan announced an inflation goal of 1% and said that it was increasing its asset purchase and lending program. Although the Bank of Japan had already stated its intention to fight the deflation that has afflicted Japan's economy for...

Since the turn of the year, nearly every asset class has been on a tremendous bull run. Precious metals in particular have benefited, as gold and silver have rallied back from their recent lows. Gone are calls for a "gold bubble". Gold has risen in price throughout January and now sits near $1745...

In 2011, currency traders saw tremendous volatility, as forex markets were rocked by major events that lead to significant shifts in big currency pairs. What pair will dominate the headlines in 2012? While any number of cataclysmic events could lead to a tremendous shakeup in the currency market,...