The USD/JPY currency pair has been a focal point for market participants recently, driven by contrasting monetary policy decisions from the Federal Reserve (Fed) and the Bank of Japan (BOJ). The U.S. dollar has benefited from the Fed's cautious yet...
EUR/USD Market Outlook Good Morning to everyone! The overall market sentiment of EUR/USD is in favor of sellers. However, the US dollar faced some negative news, and this negative data has provided little support for US traders, who rely heavily on...
USD-JPY PAIR FORECAST The Fed's 25 bps interest rate cut at the FOMC meeting has been anticipated by market players and investors. The statement by Fed Chairman J. Powell was also seen as hawkish so that the outlook for the US Dollar currency...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. Many currencies and gold are traded in the foreign exchange market. Gold is a very important commodity in the foreign exchange market. The market is currently between the...
Gold prices experienced a significant decline following the Federal Reserve's interest rate decision and subsequent comments from Chairman Jerome Powell. The market's initial optimism, fueled by expectations of continued monetary easing, was...
