The Japanese yen (JPY) appreciated against the US dollar (USD) on Tuesday, driven by the hawkish sentiment surrounding the Bank of Japan (BoJ). Traders are anticipating the BoJ's policy decision on Friday, with expectations leaning towards a hold on...
The EUR/JPY pair faced renewed selling pressure after reaching the 157.10 area during the Asian session. This decline followed a modest recovery from its August low near the 155.00 psychological level. The Japanese yen continues to be supported by...
Date: 17th September 2024. US Market Awaits Fed: Will a 0.25% Cut Cause a Drop? The European Central Bank’s decision to cut interest rates more than what analysts were previously expecting supports the index. The monetary policy adjustment also...
Silent Points of GBPJPY: Yesterday and today, we haven’t observed any news events for GBPJPY that would enable us to perform a fundamental analysis. As a result, our focus must shift entirely to technical analysis. Currently, the GBPJPY market is...
A Deep Dive into USD/JPY Prices The Japanese yen rose above 143.50 yen against the US dollar, hitting a three-week high, as hawkish comments from Bank of Japan Governor Kazuo Ueda contrasted with the dovish stance of US Federal Reserve Chairman...