Market Fundamentals: Analysts at the Bank of Montreal (BMO) expect the Bank of England to keep interest rates unchanged at 5% in its upcoming meeting, citing various economic factors. Meanwhile, Japan's economic landscape presents mixed signals. The...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
USD/JPY Price Levels in View The subject of our analysis is the present status of the USD/JPY currency pair's pricing behavior appraisal. In the current trading landscape, sellers hold a distinct advantage, presenting more favorable prospects than...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold has been on a strong uptrend, supported by a mix of factors, including persistent global uncertainties, inflationary pressures, and geopolitical risks. However, the strength of the U.S. Dollar and the...
The technical outlook for GBP/JPY is decidedly positive at present, with a clear bullish bias that is anchored by the pivotal support at 191.82. This key level not only serves as an essential barrier against any downward movement but also reinforces...
