BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Further easing from European Central Bank (ECB) is posing new bigger threat to Japanese economy as it would push the competitiveness of European products ahead of Japan.
European Central Bank (ECB) is taking a more aggressive stance while Bank of Japan (BOJ) is shying away from further policy easing. That puts Euro in clearly weaker spot against Yen.
Further erosion of Yen's competitive advantage is likely to put Nikkei in tough spot, which is down close to 1% today and more than 6.5% in last three months. Nikkei CFD is currently trading at 18800.
Euro today has fallen to seven week low against Yen.
Technically speaking, Euro is in a downward channel against yen since June and price is now drifting lower from range high. Euro is currently trading at 133.1 against Yen, further drift down of about 200-250 pips in the very near term very much likely.
Focus is on monetary policies from FED on 28th and Bank of Japan on 30th.
