Mixed signals from Bank of Japan (BoJ) officials indicate that the central bank is in no rush to tighten its monetary policy, leading to a two-week low for the Japanese Yen against the US Dollar. Reports citing five sources familiar with BoJ's...
GBP/JPY remains in a technically weak position, with the potential for a significant decline of 110 to 160 pips as long as the price remains below the key resistance level of 191.28. This level serves as a crucial barrier preventing any meaningful...
The GBP/JPY currency pair remains entrenched in a bearish phase, with an anticipated decline of 110 to 160 pips, provided that the price remains below the key pivot level of 191.28. This level acts as a crucial resistance that, if not breached, will...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
