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Fed and BoJ rate decisions land hours apart, driving USD/JPY volatility A 25bps Fed cut is widely expected, focus shifts to updated rate projections BoJ’s rate move remains uncertain, with a hike...
USD/JPY remains below short-term uptrend line. Bullish doji candle proved true. Stochastic rallies occur in overbought area; RSI flattens. USD/JPY is fighting with the significant 200-day simple...
USD/JPY hovers at the 200DMA after a bullish breakout US inflation to guide yields and FX moves Strong core CPI could lift yields, boosting USD/JPY A miss may cap gains, inviting fresh selling...
Forex Strategy is Bullish: We are currently @ 151.60 in a channel in a Range. We are looking for a continuation to the ATR target @ 152.70 area and then to the R5 @ 153.44. We have convergence for...
Gold Hits a Two-week High Gold (XAU/USD) price rose by 0.98% on Monday, as Peoples Bank of China (PBOC) reported that it restarted to buy the bullion in November. "The market is getting hopeful that...
The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is largely attributed to ongoing uncertainty regarding the timing of the next interest rate...
The USD/JPY has edged lower on Monday. In the European session, USD/JPY is trading at 150.42, up 0.26% on the day. Japan’s GDP revised upwards in Q3 Japan’s economy expanded in the third quarter by...
Fed speakers on the wires ahead of the usual blackout period The dollar remains on the back foot; stocks are feeling the pressure Gold trades sideways, as bitcoin retreats from its new all-time...
The USD/JPY edged lower on Thursday. In the European session, USD/JPY is trading at 150.36, down 0.17% on the day. On the data calendar, Japan releases household spending and average cash earnings...
USD/JPY stuck within 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is pushing again for a close above the 150.00 mark and the...
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