Critical Elements about USDJPY: The USDJPY market is trading at the 154.32 level, and it is under the control of sellers. This has resulted in a bearish sentiment, with market participants favoring short positions due to the current price action....
EUR/USD Analysis EUR/USD struggled to profit from an overnight rally from the 1.0380 region or weekly lows, trading in a narrow range during Thursday's Asian session as traders chose to wait and watch ahead of the European Central Bank (ECB)...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
Main Points about USDCHF: Currently, the USDCHF market is trading at the 0.9066 level, and it could move further upwards. This upward momentum is supported by the broader strength of the U.S. Dollar, which continues to show resilience against...
Market Fundamentals: The Bank of Japan's (BoJ) quarterly Tankan survey revealed that business confidence among major manufacturers climbed to +14, marking its highest level since March 2022. Additionally, firms anticipate inflation to rise by 2.4%...
