USDJPY Analysis Fundamental Analysis The USD/JPY pair continues to decline as global economic factors weigh on the dollar. The US dollar’s gains were limited by the US Federal Reserve’s cautious stance on interest rate hikes and a decline in US...
USD/CAD Technical Analysis and Forecast Current Market Overview The USD/CAD market is in an uptrend amid a strengthening US dollar. On the H1 chart, the USD/CAD price is trading at 1.42356 and is moving towards the resistance level at 1.42500. The...
In the early negotiation on Wednesday, the euro has shown a slight drift in the middle of a hard and noisy price action backdrop. Despite this volatility, the general feeling remains that the euro will probably continue to operate within a well...
Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...