The Japanese Yen (JPY) has been under pressure due to recent comments from key political figures, including Japan's new Prime Minister Shigeru Ishiba. Ishiba’s statement that Japan is not in a position to raise interest rates any further has...
As the European Central Bank (ECB) prepares for its upcoming monetary policy meeting, markets are widely anticipating a quarter-point reduction in the main deposit rate. A 25 basis point (bps) cut is expected, bringing the rate down to 3.4% from the...
Gold Price Action Alerts We will discuss the current behavior analysis of the Gold price. The daily gold chart currently displays strong bearish momentum, with price action shifting downward after hitting a peak around the 2780 level in early...
The pair is experiencing some near-term resistance, shaped by a divergence in monetary policy between the dovish Federal Reserve (Fed) and the hawkish Reserve Bank of Australia (RBA). RBA Deputy Governor Andrew Hauser recently stated that the...
The Bank of Japan (BoJ) remains committed to maintaining accommodative monetary conditions, according to BoJ board member Asahi Noguchi. In a recent statement, Noguchi emphasized that while the central bank will likely adjust its monetary policy...