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US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...
Bank of Japan to make announcement on Tuesday The Japanese yen is in a holding pattern on Monday as the Bank of Japan holds a two-day meeting today and Tuesday. In the European session, EUR/USD is...
Japan’s Core CPI eases to 2.3% The Japanese yen has recovered after losing ground earlier in the day. USD/JPY rose as high as 148.80, its highest level in three weeks. The yen has rebounded and...
USDJPY continues its upward trend; third consecutive green sessionIt now tries to overcome a very busy resistance areaMost momentum indicators support the current uplegUSDJPY is recording its...
The Bank of Japan may conclude its ultra-loose monetary policy in the next 2-3 quarters. Deflation is progressing in the Japanese economy. A return above 150 yen per dollar is possible later this...
The US dollar is poised for potential shifts with today's CPI report, impacting major pairs like USD/JPY and USD/CAD Inflation expectations are set relatively high, meaning risks are skewed in favor...
USDJPY aims for a bullish breakout ahead of Thursday’s US CPI dataMomentum indicators are encouraging, but trend signals are still cautious USDJPY found new buyers near its 200-day simple...
This week’s CPI report will be a big factor in helping to tip the scales on whether the Fed will cut interest rates in March. The market may be more vulnerable to an upside surprise in CPI given...
Mixed US Economic Data Caused Fluctuations in the Gold PriceOn Friday, the gold (XAU) price experienced extra volatility after the US Nonfarm Payroll (NFP) and ISM Services Purchasing Managers' Index...
Key PointsJapanese insurers may have to repatriate funds after the New Year’s Day tsunami and earthquakes in Western Japan. All else equal, these flows could weigh on USD/JPY, but The technical...
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