Financial Trading
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New Bank of Japan Governor Ueda is set to maintain a dovish stance on monetary policy at his first meeting this week. Despite this, the JPY is finding support.
Google launched a new AI product for its search engine yesterday, but an error sent the shares tumbling. This weighed on NASDAQ and by association the S&P 500. The correction seems to be short-lived and could be a near-term trading opportunity.
The Bank of Japan has signalled that it is nowhere near ready to tighten monetary policy. The JPY is under significant selling pressure.
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