The USD/JPY currency pair, standing at 169.79, currently exhibits a bearish trend. This indicates that the value of the US dollar is declining relative to the Japanese yen. Market participants should take note of the recent downward movement, as it...
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Yesterday, GBP/USD calmly continued its upward movement. Volatility was low since it was an official holiday in the United States. The UK published the second estimate of its Construction PMI data for June, which is of secondary importance....
WTI price Analysis Although there was no follow-through selling, West Texas Intermediate (WTI) US crude oil prices saw a little decline throughout the Asian session on Friday and seem to have ended a two-day gaining run for now. The commodity is now...
(USD/JPY) is around 161.50 at the time of writing the analysis. The Bank of Japan's lack of urgency to normalize monetary conditions also weighed on the yen, although there is growing speculation that the Bank of Japan may raise interest rates at...