The USD/JPY currency pair is currently navigating a period of increased volatility, influenced by both domestic factors in Japan and broader global economic developments. Recently, the pair has softened, yet the key 149.00 support level remains...
The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
The pair has come under fresh selling pressure after a brief uptick, with the pair sliding closer to the mid-149.00s during the early session on Tuesday. A key factor driving the Yen’s weakness was a statement from Yuichiro Tamaki, leader of Japan's...
GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The price started the week on a softer note, losing another 0.25% against the US Dollar (USD), marking its ninth consecutive day of decline. This continued downtrend raises questions about whether traders will seize the opportunity to take profits...