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The current exchange rate for NZD/JPY stands at 86.45 and the currency pair is moving within a rectangle pattern within a specific range. If the support level is broken, we are anticipating a...
It’s a busy week on the calendar with inflation taking centre stage. With a wide list of countries reporting their latest price changes, focus on the end of the week will shift towards the US as...
China’s exports post worst plunge since February 2020 China’s imports from Australia fell 10.9% y/y, which was a major reversal from the 6.2% gain seen last month Also adding pressure on...
USD/JPY is down 1% this week Japanese wage growth and personal spending decline The Japanese yen is trading quietly on Tuesday. In the European session, USD/JPY is trading at 143.10, up 0.42%. The yen...
BoJ Summary of Opinions takes note of higher inflation US job report a mixed bag The Japanese yen has started the week in negative territory. In the European session, USD/JPY is trading at 142.36, up...
The USD/JPY currency pair is currently at 142.17 and is trading within a channel range. If the slope support is broken, we can expect to see a continuation to the 1.000 Fibo level at 140.98, with the...
RBA says decision to pause was close call Australia to release confidence data on Tuesday US employment report a mixed bag The Australian dollar is coming off another rough week, with losses of 1.17%....
In this video, I will share my journey and the strategies I would adopt if I were to start over in the exciting world of Forex trading. Whether you're a novice or an experienced trader, my insights...
The US and China report July CPI figures in the coming days and they are likely moving in opposite directions. Headline US CPI is likely to rise for the first time since peaking in June 2022. China's...
Canada added a negligible 1700 jobs in July US nonfarm payrolls almost unchanged at 187,000 The Canadian dollar is showing limited movement on Friday. In the North American session, USD/CAD is trading...
The EUR/USD is developing buying pressure, following a tight bear channel down to the August low. The market is testing near the July 6th buy signal bar high. This will probably act as support due to...
The spike in US yields this week gave the dollar a boost, but the longevity of this recovery will be decided by the next edition of US inflation. According to the Cleveland Fed Nowcast model, there is...
RBA policy statement says inflation high but declining Money markets betting on a pause in September US nonfarm payrolls expected at 200,000 The Australian dollar has stabilized but it has been a...
Later on Friday, an important US employment report will be released. On average, analysts expect employment growth of just over 200K, which is in line with the trend rate of hiring during periods of...