The Japanese Yen (JPY) faced intraday selling pressure on Friday, ending its two-day winning streak against the US Dollar (USD). This shift followed remarks by Bank of Japan (BoJ) Governor Kazuo Ueda, who noted that underlying inflation remains...
Bitcoin maintained a relatively stable position on Friday, hovering below its one-week high as investors awaited President Trump's decision on whether to impose 25% tariffs on imports from Canada and Mexico by the February 1 deadline. While other...
GBP/USD Market Analysis Technical Overview GBP/USD is currently in a strong downtrend, with bearish momentum continuing from the previous week. On the daily timeframe, the pair rejected the $1.25000 resistance level and declined sharply, reaching...
USD -_-JPY As of February 3, 2025, the USD/JPY currency pair is trading at approximately 155.20. Price Action and Technical Analysis: Recent analyses indicate that USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels. A connecting...
Outlook for the Week Ahead on GBPUSD Given the anticipated BoE rate cut and ongoing economic uncertainties, the GBP/USD pair may experience increased volatility in the coming week. Traders should monitor key economic indicators, including employment...
