The ongoing risk-on sentiment in global markets, where investors are more willing to take on risk, has placed additional pressure on the Yen. As global risk appetite remains robust, the Japanese Yen struggles to maintain its footing, particularly...
The upcoming PMI data from both the Eurozone and the U.S. will be pivotal in determining whether the price can regain any bullish momentum. Market participants are closely watching these releases for signs of recovery in the Eurozone or continued...
TRADING CHART ON USD/JPY H1. The USD/JPY H1 chart reflects a robust upward trend, supported by strong bullish momentum. The price has been steadily climbing above the moving average, which acts as dynamic support, showcasing the market's inclination...
The USD/CHF outlook is being heavily influenced by the market's anticipation of a potential interest rate cut by the Federal Reserve. While the US economy remains resilient, there is growing speculation that the Fed may adopt a more dovish stance,...
Australia's economy is benefiting from strong demand for key commodities like iron ore, coal, and natural gas, providing some support to the Australian Dollar (AUD). As an export-driven economy, Australia has seen some strength in its currency due...