Consumer Price Index Trends in Australia and Market Reactions Overview of Australian Inflation The Trimmed Mean Consumer Price Index (CPI), closely monitored by the Reserve Bank of Australia (RBA), has shown a decline to 3.5% in the third quarter,...
USDJPY Technical Analysis USDJPY is facing bearish pressure, currently trading around 150.50 levels. The pair recently broke below a key support level at 150.80, indicating further downside potential. The 70-period moving average (MA) is acting as...
USD/JPY Update – February 21, 2025 As of February 21, 2025, the USD/JPY exchange rate is approximately 149.97. The Japanese yen has recently weakened due to increased speculation about Japan’s monetary policy and external economic factors. Recent...
USDCAD Daily Chart Examination Bearish trends are affecting the USD/CAD pair, which has broken away from its upward trend and is testing essential support levels. After an extended period of rising prices, the pair is now around the 1. 4172 mark and...
The USD/CHF currency pair is currently exhibiting a phase of fluctuation, characterized by both short-term bullish and bearish movements. Recently, the pair peaked around the 0.9040 level, but has since experienced a bearish decline. The current...
