The NZD/USD currency pair found support near the 0.5600 level during the North American session on Friday, experiencing a temporary reprieve from its downward trajectory. This rebound coincided with reports suggesting that the People's Bank of China...
The release of better Japanese Consumer Price Index data earlier in the day has reignited speculation about a potential interest rate hike by the BoJ in early 2025. This development signals a possible shift from the BoJ’s longstanding accommodative...
Japan’s Ministry of Finance recently reported a surprising improvement in the trade deficit for November, narrowing to ¥117.6 billion from October’s ¥462.1 billion. This positive shift is attributed to robust export growth, which rose by 3.8%...
The AUD/USD currency pair traded sideways around the 0.6200 level during the North American session on Friday, exhibiting a period of consolidation as investors eagerly awaited the release of the US ISM Manufacturing Purchasing Managers' Index (PMI)...
The GBP/JPY currency pair exhibited a lack of clear direction during the early European trading session on Tuesday, trading within a narrow range around the 197.00 level. This subdued market activity can be attributed to several factors, including...
