The GBP/JPY pair staged a notable intraday recovery from around the 187.00 level, a low revisited earlier this week and the lowest point since September 2024. The pair rallied during the first half of the European session, reaching the 189.00 mark...
General Points about USDCHF: The sellers of USDCHF have also been quite strong, similar to the sellers of USDCAD, showing how interconnected various currency pairs can be in reaction to economic events. A key factor driving this strength in USDCHF...
Silent Points about USDJPY We can clearly feel that as the US dollar weakened, the JPY market has become quite strong. The relationship between the US dollar and the Japanese yen is often highly sensitive to fluctuations in economic conditions,...
GBP/ JPY Price Trends The GBP/JPY currency pair had a volatile trading session on Friday, initially falling to a four-month low around 188.00 before bouncing back to reach around 189.50 during North American trading hours. The surge in sterling saw...
EURJPY EURJPY outlook: The EUR/JPY pair is caught in a tug-of-war between the strength of the Euro and the continued weakness of the Japanese Yen. The Euro benefits from the European economic recovery and expectations that the European Central...