The GBP/JPY currency pair rebounded on Monday, snapping a two-day losing streak and trading around the 197.90 level. This upward movement was primarily driven by weakness in the Japanese yen (JPY). Uncertainty surrounding the Bank of Japan's (BoJ)...
The price of crude oil, particularly West Texas Intermediate (WTI), saw a second consecutive day of decline, trading around $69.90 per barrel during the Asian trading session on Monday. This downward trend was mainly due to China's latest economic...
The EUR/JPY currency pair surged to approximately 164.50 during the Asian trading session on Monday, primarily driven by a weakening yen. This upward movement was fueled by the Bank of Japan's (BoJ) October policy meeting, where policymakers...
The October policy meeting of the Bank of Japan revealed a divergence in policymakers' views on interest rate timing. Coupled with political uncertainty in Japan and doubts about the central bank's ability to further tighten monetary policy, these...
In Forex trading, a "pip" stands for "percentage in point" and is the smallest price move that a currency pair can make based on market convention. Understanding and calculating pips is crucial to manage risk and measure gains effectively. 1. What...
