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The USD/JPY currency pair has shown a consistent upward trajectory since hitting lows of 139.55 in mid-September. Currently trading in the 149 range, it appears to have established a short- to medium-term uptrend. Guided by the principle that “the...
EUR/USD Greetings and Good Morning to everyone! The ECB's presidential speech and other news events were also better for the EUR/USD buyers. In this week, the OPEC meetings will continue. , the US dollar also has many news events that can change the...
EUR/USD Fundamental Analysis and Technical Outlook The EUR/USD market is trending lower. The pair is currently testing the key support level at 1.0540 on the hourly chart. This level coincides with the 100 Simple Moving Average, which increases its...
Renminbi falls prey to Trump’s looming hefty tariffs The Chinese currency is facing a challenge! The yuan will have to contend with the current policies of US President-elect Donald Trump. According to CNBC, China’s authorities are grappling with a...