The shared currency continues to struggle under the weight of expectations for more aggressive interest rate cuts by the European Central Bank (ECB) amid a gloomy Eurozone economic outlook. The ECB is projected to lower its Deposit Facility Rate by...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
Forex Market The Forex Market (Foreign Exchange) is the largest and most liquid financial market in the world, where currencies are traded against each other. It operates globally 24 hours a day, five days a week, enabling traders from all time...
The USD/JPY currency pair continues to exhibit notable volatility, driven by a complex interplay of technical and fundamental factors. Recent price action has demonstrated a clear bullish bias, primarily underpinned by the divergence in monetary...
