The Japanese yen has strengthened considerably, buoyed by robust Japanese GDP growth data, which has fueled expectations of continued interest rate hikes by the Bank of Japan. This anticipation of higher interest rates in Japan, coupled with the...
USD/CAD: What’s Driving the Market Today(February 17,2025)? Major Factors Steering the Pair One of the biggest drivers of movement today is speculation around interest rates. The Bank of Canada recently lowered rates to 3.25%, but it’s staying...
Comprehensive Analysis of USD/JPY Trading The current trading scenario for the USD/JPY currency pair indicates a bearish outlook. Recently, the USD/JPY has fallen below the support level of 152.30, continuing its downward movement towards the next...
Chinese households struggling with rampant inflation China’s authorities have to make urgent efforts against rampant inflation. According to Reuters, citing China's National Bureau of Statistics, domestic consumer inflation has soared over the...
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