The EUR/JPY currency pair experienced a pullback on Wednesday, trading around the 159.00 level in the Asian session, after gains in the previous session. This decline is primarily attributed to the strengthening of the Japanese yen, fueled by...
GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
GBP-JPY PAIR REVIEW The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data release were higher than the market...
The Gold Market Update Gold is trading at 2856 and rising again after testing the 2850 support level on the H1 chart. The market is currently approaching the critical volatility level at 2875. If this level is breached, gold prices may continue to...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the interest rate differential between the U.S. Federal Reserve and the Bank of Japan (BoJ). The U.S. Dollar is still benefiting from a hawkish Federal Reserve stance, with...
