The USD/JPY pair has shown resilience above the 152.00 level during Thursday's European session, recovering from earlier losses driven by hawkish comments from Bank of Japan (BoJ) policymaker Tamura. A rebound in the US Dollar (USD) and a generally...
Fresh data from the Japan Statistics Bureau revealed that the National Consumer Price Index (CPI) surged 3.6% year-over-year (YoY), accelerating from the previous 2.9% reading. Core consumer prices, which exclude volatile food prices, rose as...
The forex market is poised for a volatile week as traders await key U.S. economic data releases, beginning with the ISM Manufacturing PMI report on Monday. However, the primary focus will be on Friday’s Nonfarm Payrolls (NFP) report, which is...
Traders are currently pricing in a 93% probability that the US central bank will reduce borrowing costs by 25 basis points during Wednesday’s meeting. However, recent signs indicate that progress in reducing inflation toward the Fed's 2% target has...
The GBP/USD currency pair experienced a volatile trading session on Thursday, breaking through key technical resistance levels at major moving averages before ultimately falling below the 1.2400 support level. The Bank of England's (BoE) decision to...
