On Friday, the Japanese yen (JPY) will strengthen compared to the US dollar (USD). Following the announcement of the Tokyo Consumer Price Index (CPI) inflation data, the Japanese Yen (JPY) rises, causing the USD/JPY pair to retrace its recent gains....
EUR/USD trades in a narrow range around 1.0400 in Friday's European session amid sparse trading as market participants remain on the sidelines due to the Christmas holiday. The pair struggles for direction while the US Dollar (USD) moves higher on...
US benchmark West Texas Intermediate (WTI) crude oil traded around $70.20 per barrel, exhibiting a relatively stable price movement as market participants awaited the Federal Reserve's interest rate decision scheduled for Wednesday. However,...
EUR/USD Technical Analysis: EUR/USD is currently trading around 1.1030, showing a slight bullish bias as it continues to hold above key support levels. From what I’m seeing, 1.1000 and 1.0975 are acting as strong supports, while resistance is...
The price action on the chart shows that gold has been trading in a mixed structure. After a steep decline from a previous peak around 2715.75, the price found support near 2591.70 before reversing higher. The current movement indicates the...