As investors supported the US dollar against the Japanese yen in a risk-on market environment, the USD/JPY rapidly increased over 155.00. US President Trump postponed a 25% tariff order on Canada and Mexico for 30 days. Investors anticipate the US...
A couple AUD/USD bounced to 0.6199 on Tuesday and gained some losses. At the beginning of the week, the Australian dollar tested the multi -year minimum when investors distanced themselves from more risky assets in the middle of fear of US tariffs...
Morning Star Candlestick Chart Pattern in Forex Trading The Morning Star is a well-known bullish reversal pattern in Forex trading. It typically forms after a downtrend and signals a potential reversal to the upside. The pattern consists of three...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
