The price remains under pressure as the RBA's dovish policy stance continues to weigh on investor sentiment. In its latest monetary policy statement, the RBA expressed increased confidence that inflation is trending toward its 2%-3% annual target,...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
Japan’s parliament has commenced an extraordinary session as Prime Minister Shigeru Ishiba’s minority government pushes for a supplementary budget aimed at supporting inflation-stricken households and amending political funding laws. Meanwhile, the...
Deputy Governor of the People’s Bank of China (PBOC), reaffirmed the central bank’s commitment to maintaining the Yuan at a stable and balanced level. He highlighted plans to strengthen counter-cyclical policy adjustments and mitigate excessive...
I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
