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3 reasons why Japan is not experiencing wage inflation

3 reasons why Japan is not experiencing wage inflation

Sep 2, 2014 16:22
Japanese wages grows the most since 1997. The 2.6% y/y jump in July was much better than expected, 0.9% and a 17 year high. So, is core inflation beginning to move rapidly...

Majors»

GBP/USD Forecast Sep. 1-5

GBP/USD Forecast Sep. 1-5

Aug 31, 2014 12:50
The British pound remained on low ground, licking its wounds. The new month offers a very busy calendar, with the rate decision and PMIs standing out. Can cable recover? Here...
  • USD/JPY Forecast Sep. 1-5
    USD/JPY Forecast Sep. 1-5
    USD/JPY remained on high ground in the last week of summer. As traders return, the main event this week is the...
    on Aug 31, 2014 11:00
  • EUR/USD Forecast Sep. 1-5
    EUR/USD Forecast Sep. 1-5
    EUR/USD started the week lower and could never recover. Expectations are higher for new policy measures from the...
    on Aug 30, 2014 15:00
  • Forex Weekly Outlook September 1-5
    Forex Weekly Outlook September 1-5
    The euro was the big loser in a week that otherwise saw some profit taking on dollar longs. The first week of September...
    on Aug 29, 2014 17:21

Minors»

AUD/USD Forecast Sep. 1-5

AUD/USD Forecast Sep. 1-5

Aug 31, 2014 12:30
AUD/USD showed a lot of strength, resisting the greenback and eventually moving higher. Can this continue without a response from the RBA? The rate decision and GDP are the...
  • NZD/USD Forecast Sep. 1-5
    NZD/USD Forecast Sep. 1-5
    The New Zealand dollar had another heavy week due to the greenback’s strength and the big trade deficit...
    on Aug 31, 2014 11:30
  • USD/CAD Forecast Aug. 25-29
    USD/CAD Forecast Aug. 25-29
    USD/CAD came close to the 1.10 line, but  then retracted and showed little change over the week. This week’s...
    on Aug 24, 2014 19:43
  • NZD/USD Forecast Aug. 25-29
    NZD/USD Forecast Aug. 25-29
    The New Zealand dollar continued struggling and dipped below 0.84. The calendar builds up with trade balance...
    on Aug 24, 2014 11:33

Basics & Industry»

The Advantages of Using a PAMM Account

The Advantages of Using a PAMM Account

Sep 1, 2014 09:00
You may have heard about PAMM accounts for forex trading, and might have wondered what they are. In essence, a PAMM account allows one trader – the manager – to make trades...

Recent Articles

Market Movers Episode #13: September’s big market movers from the US, Europe and others, and one rule of thumb

Market Movers Episode #13: September’s big market movers from the US, Europe and others, and one rule of thumb

In this episode, we preview the big events that are expected to rock markets in September: Non-Farm Payrolls, the Fed decision, the highly anticipated ECB drama and quite a few other releases that move currencies and commodities. The episode begins with a quick rule of thumb about money management that is always relevant. Welcome to a new

AUD/USD supported by stronger than expected GDP

AUD/USD supported by stronger than expected GDP

The Australian economy grew by 0.5% in Q2, lower than 1.1% in Q1 but better than 0.4% expected. Year over year, we had a beat as well: 3.1% instead of 3% predicted and after 3.5% in Q1. On a yearly basis, we see that growth remains solid. AUD/USD wobbled around the publication, but is eventually clawing

USD Outperforms After Labour Day – Busy Data Week Ahead

USD Outperforms After Labour Day – Busy Data Week Ahead

As North American traders’ return to their desks after the Labour Day long-weekend, positive investor sentiment has oozed into US equity futures following an overnight session in Asia that saw risk appetite well supported.  Although wage growth in Japan rose by a greater amount than had  been expected over the last twelve months, the main

3 reasons why Japan is not experiencing wage inflation

3 reasons why Japan is not experiencing wage inflation

Japanese wages grows the most since 1997. The 2.6% y/y jump in July was much better than expected, 0.9% and a 17 year high. So, is core inflation beginning to move rapidly higher? Is the Bank of Japan close to closing the door on its monetary stimulus? Not so fast. Here are 3 reasons why: More data needed: Like

NZD/USD falls below 0.83

NZD/USD falls below 0.83

The kiwi was on the back foot for quite some time. And now, a new fall in milk prices (not for the first time) and a stronger than expected figure from the US send it to new lows. Below the 0.83 level, NZD/USD is the lowest since the beginning of the year. The ISM Manufacturing

ISM Manufacturing PMI jumps to 59 points – highest since 2011

ISM Manufacturing PMI jumps to 59 points – highest since 2011

Manufacturing is picking up in the US: the ISM Manufacturing PMI rises to 59 points – very strong growth. Highest since 2011. New orders are high: 66.7 after 63.4 points – the highest since 2004. The employment component remained almost unchanged at 58.1 points. USD/JPY tops 105, EUR/USD dips below 1.3120 and GBP/USD edges closer to 1.65. Update: after

USD/JPY – Trading the US ISM Manufacturing PMI

USD/JPY – Trading the US ISM Manufacturing PMI

ISM Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in the US. A reading which is higher than the market forecast is bullish for the dollar. Here are all the details, and 5 possible

USD is back from Labor Day – EUR/USD closer to 1.31, USD/JPY touches 105

USD is back from Labor Day – EUR/USD closer to 1.31, USD/JPY touches 105

The US dollar did not wait for American traders to wee the sunrise on the day after Labor Day and it resumes its rally. EUR/USD is nearing 1.31, USD/JPY touched 105 and other currencies are also bowing before the greenback. The tensions around Ukraine continue to dominate the headlines, with no signs of de-escalating. Russian

UK Construction PMI rises to 64 points – GBP/USD unexcited

UK Construction PMI rises to 64 points – GBP/USD unexcited

The British construction sector is still steaming ahead on all engines: the construction PMI rose to 64 points, significantly better than expected. GBP/USD is recovering but not really rallying. Update: cable is fading the better than expected read and is now sliding below 1.6570. Markit was expected to report a slide in the purchasing managers’ index

Dollar gains traction

Dollar gains traction

The dollar is creeping higher once again this morning as it hit a new 12 month high overnight with the trend higher looking day by day to become more entrenched. The Aussie dollar has been one to suffer the most following last night’s RBA rate decision which saw the central bank keep it interest rate

EUR/USD Sep. 2 – Escapes the lows as the US gets back in the game

EUR/USD Sep. 2 – Escapes the lows as the US gets back in the game

EUR/USD dipped just a bit lower and touched a new low of .13113 before returning a bit higher, but it is still marking a lower high. As US traders return to the scene, tensions are mounting both in Ukraine and regarding the ECB meeting on Thursday. In the former, NATO is gearing up in Eastern Europe and