News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
More View more
Real Time News
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different conditions in 2021? Find out from @JohnKicklighter here:
  • Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here:
  • What are some monetary policies that could affect Gold this quarter? Get your Gold free forecast here: #DailyFXGuides
  • Even more remarkable than the record high levels of leverage registered in US equities this past week was the attention it garnered. Paying attention to risk is a threat when markets are this high and the docket as dense as it is this week. My outlook:
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
  • Are you new to trading? Technical analysis of charts aims to identify patterns and market trends by utilising different forms of technical chart types and other chart functions. Get a refresher on technical analysis or begin building your knowledge here:
  • USD hegemony is at risk thanks to changes in the global economy and the long-term consequences of the US-China trade war. Get your market update from @CVecchioFX here:
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out
  • Use this technical analysis pattern recognition skills test to sharpen your knowledge:
Yen Little Changed as Industrial Sector Contracts, BoJ Concerned

Yen Little Changed as Industrial Sector Contracts, BoJ Concerned

Gary Kerdus,

THE TAKEWAY: Japanese industrial production contracted > Finance Minister Jun Azumi expressed concern over weak economy and high currency > USDJPY little changed

The Yen was little changed versus the U.S. Dollar as Japanese industrial production contracted by 1 percent in July on a month to month basis and shrank by 0.8 percent year over year. Bank of Japan’s Finance Minister Jun Azumi later said the central bank will decide stimulus based on exports and domestic demand. Furthermore, Azumi said the BoJ will take decisive monetary policy action if needed and won’t exclude any options on the forex market as recent yen gains have been one-sided and don’t reflect the Japanese economy.

The Japanese economy is heavily dependent on export led growth and a high exchange rate may drive importers to buy elsewhere prompting policy makers to attempt yen debasement. Over the coming months traders may be watching key economic data such as machine orders, industrial production, exports and currency fluctuation to gain clues as to whether the central bank will implement a more aggressive monetary easing policy.

USD/JPY, Weekly Chart

Yen_Little_Changed_as_Industrial_Sector_Contracts_BoJ_Concerned_body_Picture_1.png, Yen Little Changed as Industrial Sector Contracts, BoJ Concerned

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.