EUR/ JPY ANALYSIS EUR/JPY consolidated after the preliminary Eurozone PMI data showed mixed results. The euro found some stability as the manufacturing retail sales managers’ index data came in stronger than expected, but further gains were capped...
February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...
Market Fundamentals: Market participants will also closely monitor upcoming economic data, including the US Personal Consumption Expenditures Price Index (PCEPI) inflation report and the quarterly update on US Gross Domestic Product (GDP) growth....
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) on Friday, primarily influenced by the release of the Judo Bank Purchasing Managers’ Index (PMI) data.1 However, positive sentiment was bolstered by news of...
US and Japan to settle issues about mutual trade tariffs Bloomberg reported that Japan’s authorities have begun negotiations with Washington. Japan aims to clarify the details of the retaliatory tariffs introduced by US President Donald Trump....
