The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
The pair experienced a trimming of gains near the 157.00 mark during the early Asian session on Friday. This movement comes in the wake of softer-than-expected US CPI inflation data, which has exerted selling pressure on the US Dollar (USD)....
The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...
The pair has been trading positively for the fourth consecutive day, reaching near 156.70 on Friday during the early Asian session. This rise is largely driven by speculation that the Federal Reserve (Fed) may maintain higher interest rates for an...
...