Previous Trading Days Events 23.08.2024 

BOJ Gov Ueda Speaks Bank of Japan Governor Kazuo Ueda said in his National Diet testimony that the central bank could adjust monetary policy if its economic projections materialize, indicating a willingness to hike rates again.

Core Retail Sales mm Retail Sales Ex Autos in Canada saw a bullish shift in June 2024, rebounding to a 0.30 increase from the prior months bearish dip of 1.20. 

Retail Sales mm Canadas retail sales for July 2024 matched the forecast at 0.3, showing no deviation from expectations, yet managed to gain momentum, ticking up by 0.5 compared to the previous months reported figure of 0.8.

Fed Chair Powell Speaks Federal Reserve Chairman Jerome Powell delivered strong dovish signals at the Jackson Hole Economic Symposium, indicating that the central bank is poised for a rate cut in the September FOMC meeting, aligning with expectations of easing monetary policy to support market liquidity.

Winners Vs Losers In The Forex Market

On August 23, 2024, NZDUSD surged as the top performer, posting a 1.57 rally, gaining 92.6 pips, while USDJPY led the losses, sliding 1.31 and shedding 192.3 pips.

News Reports Monitor Previous Trading Day 23.08.2024

Server Time Timezone EEST UTC 0300

Tokyo Session 

BOJ Gov Uedas speech at 1230 AM GMT Bullish JPY impact as policy adjustment hinted, signalling potential rate hike.

London Session No significant news 

New York Session

Core Retail Sales mm at 1230 PM GMT Bullish…