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Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday, “if its outlook for economic activity and prices is realized, BoJ will continue to raise the policy interest rate.”Additional quotesHigh uncertainties remain over future course of trade policies and their impact.BoJ will make monetary appropriate policy decisions by continuing to carefully assess data and information.There is a possibility that upward pressure on wages and the pass-through of higher wages to selling prices will strengthen.Results of the upcoming September tankan will also be very important in examining the changes arising from factors such as progress in trade policy…

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In a wide-ranging interview with BullionStar’s Claudia Merkert, legendary resource investor Rick Rule shared candid views on the state of the gold and silver markets, central bank demand, U.S. fiscal realities, and his upcoming venture, Battle Bank. Rule, founder and CEO of Rule Investment Media, last appeared on BullionStar’s channel in December 2022, when gold traded at around USD 1,800. Since then, both gold and silver have almost doubled, and sentiment has shifted dramatically. Gold and the Dollar’s Decline USD in Gold, 1970s to present Rule argues that gold’s performance is inseparable from concerns about the U.S. dollar’s purchasing power.…

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US President Donald Trump said he was ready for a legal fight with Federal Reserve (Fed) Governor Lisa Cook after he moved to oust her from her post following allegations that she falsified mortgage documents, Bloomberg reported late Tuesday. Trump spoke at a Cabinet meeting on Tuesday, saying that he was also prepared to abide by any court decision but indicated he was not concerned about Cook’s challenge.Market reactionAt the time of press, the US Dollar Index (DXY) was up 0.03% on the day at 98.25. Fed FAQs Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has…

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Mastering Retracements in Trading: A Practical Guide Mastering Retracements in Leverage Trading Retracements are one of the most powerful tools in technical analysis, and understanding how they work can significantly improve your trading results. In this article, we’ll break down why retracements work and how to trade them effectively using a common-sense approach. Why Do Retracements Work in Trading? Retracement levels are widely used by traders to identify potential reversal or continuation points within a trend. Most traders rely on Fibonacci retracement levels such as 38.2%, 50%, and 61.8%. These levels aren’t magical or based on some supernatural force. they…

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