The GBP/JPY currency pair is currently exhibiting a clear bearish sentiment, with the price anticipated to fall by approximately 110 to 159 pips. The pivotal resistance level to watch is at 188.58, as the price has repeatedly struggled to break...
USDJPY Weekly Analysis The Federal Reserve’s relatively tight interest rate policy provides support for the US dollar. The Bank of Japan’s cautious policy has put pressure on the yen. Clearly, this difference in monetary policy is positive for the...
Jolts Jolts showed a much greater decline in the number of vacancies. This has caused speculation between some market participants that the US market conditions could deteriorate and potentially push the federal reserve to restore the reduction of...
GBPUSD Weekly Analysis The Bank of England has adopted a cautious stance on interest rates amid concerns about the slowdown in economic growth in the UK. Meanwhile, the Federal Reserve maintained its dovish stance, supporting the US dollar. This...
Global crude oil markets remain on edge as investors closely monitor the timeline for production normalization by key oil-producing nations. Any decisions made in this regard are expected to have a profound impact on the supply-demand equilibrium...
