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USDJPY MARKET ANALYSIS On Tuesday (June 25), USD/JPY rose 0.1% to 159.68, remaining in a narrow range. The dollar's rise on Tuesday was mainly supported by hawkish comments from Federal Reserve officials and US data showing a stable housing...
The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
The price of gold (Xau/USD) hovered around $2330 on Tuesday, mirroring the mixed performance of Asian stock markets on Monday. Investor sentiment soured as technology stocks lost favor, leading to a decline in overall market morale. Interest rate...