Market sentiment is also influenced by growing political uncertainty, which could delay the Bank of Japan's plans for an interest rate hike. At the same time, elevated US Treasury bond yields are exerting downward pressure on the JPY. This rise in...
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The Australian dollar showed some strength during the commercial session on Monday, publishing modest profits. However, the currency currently faces a significant obstacle in the 50 -day exponential mobile (EMA) mobile, which has acted as a strong...
Silent Points about USDJPY: Right now, the market has moved up due to positive Flash Manufacturing and PMI data for the US dollar. The strength of these economic indicators has provided bullish momentum to the USD/JPY pair, which is currently...
The British Pound (GBP) remains supported by reduced expectations that the Bank of England (BoE) will cut interest rates shortly, especially after recent data revealed an uptick in underlying price growth in the UK. Last week, UK inflation surpassed...
