The spot price remains highly sensitive to economic developments in China, its largest trading partner. Ongoing deflationary concerns in China have raised speculation about potential large-scale stimulus measures. Such actions could either bolster...
The EUR/JPY cross remains under pressure as the Bank of Japan (BoJ) keeps its short-term interest rate target at 0.25% for the third consecutive meeting, in line with market expectations. This decision supports Japan’s accommodative monetary stance,...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
The US Dollar continues to gain strength against the Canadian Dollar as the Federal Reserve (Fed) signals a more hawkish outlook for 2025. Indications that the Fed will slow the pace of rate cuts have fueled higher US Treasury bond yields, while...
USD/JPY USD/JPY outlook: The USD/JPY currency pair has been in focus lately, with the exchange rate hovering around 157.72. As market participants keep a close eye on the pair, both U.S. economic data and Japan’s monetary policy are playing pivotal...