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Eurozone private sector credit continued to increase in March but the pace of recovery remained weak, data from the European Central Bank showed Friday. Claims on the private sector gained 0.8 percent on a yearly basis, which was slightly faster than the 0.7 percent increase in February. The adjuste

AUD/JPY extends its winning streak after the lower-than-expected Tokyo CPI data released on Friday. The Australian 10-year Government Bond Yield has reached a 21-week high of 4.59%. Tokyo CPI has fallen below the Bank of Japan's (BoJ) 2% target for the second time this year. AUD/JPY extends its winn

The Japanese yen continues to lose ground on Thursday. In the European session USD/JPY is trading at 155.61, up 0.17%. Earlier, the yen dropped to a 34-year low of 155.74. Friday will be a busy day out of Japan. Tokyo Core CPI, which excludes food, is a key leading indicator of nationwide inflation

Germany’s Manufacturing PMI rose to 42.2 in April vs. 42.8 forecast. Services PMI for the German economy advanced to 53.3 in April vs. 50.6 estimate. EUR/USD jumps toward 1.0700 after mixed German PMIs. Germany’s manufacturing sector contraction eased less-than-expected in April while the services s

USD/JPY inches towards April high as Japanese Yen loses safe-haven appeal amidst easing Middle East tensions. Geopolitical risks have not gone away completely, new Omicron variant an outside threat. Friday is likely to be a big day for USD/JPY with the BoJ meeting and US PCE inflation data. The USD/