The USD/JPY pair has experienced a sharp decline, hitting a near two-month low as rising Japanese wages fuel expectations of a Bank of Japan (BoJ) rate hike. Simultaneously, the US Dollar (USD) has weakened to a fresh weekly low amid growing...
The USD/JPY currency pair is showing signs of potential movement, with an estimated gain of 83 to 123 pips if it remains above the 152.13 support level. This pivot point is crucial in determining short-term price action, with a preference for a...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
The EUR/USD pair showed signs of recovery on Wednesday, buoyed by a broader improvement in risk sentiment, which has kept the US Dollar under pressure. After ending a six-day losing streak, the Euro is attempting to stabilize, though it remains...
The AUD/USD pair is inching closer to the 0.6300 level, supported by mixed U.S. economic data that has weakened the U.S. Dollar and bolstered risk sentiment across markets. However, the pair’s upside potential is being capped by growing expectations...
