The USD/JPY currency pair remained near its multi-month high during early European trading on Wednesday, despite some recent consolidation. The Japanese Yen (JPY) has weakened against the US Dollar due to several key factors. Firstly, uncertainty...
USD/ JPY Price Watch The USD/JPY pair is currently in the resistance area of the weekly pivot point R1 at 158.2533. The price seems to be trying to break through this area after moving sideways for some time. This consolidation indicates that the...
The EUR/USD currency pair traded near 1.0350 during early European trade on Wednesday, facing potential headwinds from a potential slowdown in the pace of interest rate cuts by the Federal Reserve. Recent strong US economic data, including a robust...
The NZD/USD currency pair displayed a lack of clear direction in early European trading on Wednesday, trading near the 0.5630-0.5625 level. This indecision stemmed from a cautious market mood ahead of the release of the FOMC meeting minutes, which...
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