USD/JPY The USD/JPY market is trading in a downtrend today. The USD/JPY market reached an intraday high of 156.77 but failed to sustain the gains and is currently trading at 155.89. The USD/JPY market encountered strong resistance at 156.50 and...
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Market Fundamentals: The price regained ground after Thursday’s losses, supported by escalating geopolitical tensions between Ukraine and Russia. Russian President Vladimir Putin signed a decree revising Moscow’s nuclear doctrine, allowing the...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
Market Fundamentals: Recent optimism surrounding the U.S. economy has tempered expectations of aggressive monetary easing by the Federal Reserve (Fed). A stronger-than-expected Retail Sales report last week helped alleviate fears of a potential...
