As of now, the USD/JPY currency pair has been experiencing a consistent decline over the past eight days, marking a significant trend that has not been observed since 2019. This prolonged decrease hints at underlying market shifts and potential...
EUR/USD: Holding the Line – Will Next Week Break the Range? This week, I’ve been closely tracking EUR/USD, and the pair has been holding steady above the 1.1300 level. As of June 1st, it’s trading around 1.1346, down slightly by 0.17% on the day....
Technical analysis of Gold Gold’s technical analysis reveals a market that is currently trading within a defined range, with today’s closing price at 3288. The price action suggests a consolidation phase, as it remains bounded by immediate...
General Points about USDJPY: The speech from the BOJ Governor and the Tokyo CPI rate have not provided any benefit for the JPY. Instead, USDJPY has already broken the 145.45 level, supporting a bullish concept where buyers seem positioned for...
Analysts at ING suggest a 25 basis-point hike may be on the table, citing persistent inflation above the BoJ’s 2% target, driven by robust consumer spending and steady wage growth. The growing belief in a more hawkish BoJ stance has reinforced Yen’s...
