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The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...
The USD/CHF currency pair, currently trading at approximately 0.8978, has been in a bearish trend, reflecting a period of weakness for the US dollar (USD) against the Swiss franc (CHF). The decline in USD/CHF indicates various underlying economic,...
In Wednesday’s EU session, the EUR/USD pair exhibited notable weakness, flirting with immediate support at 1.0683. This bearish shift in the Euro was precipitated by an unexpected political upheaval in France. President Emmanuel Macron's...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...