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Monetary policy divergence and evolving economic conditions are shaping a complex outlook for the price against the Dollar. Optimism surrounding China’s stimulus measures and the Reserve Bank's hawkish tone lend support to the Aussie. However, the...
USD/JPY Technical Analysis On the 30-minute chart, the USD/JPY pair is currently trading in a range bounded by a minor resistance level at 158.500 and a minor support level at 157.300. The price is consolidating in this range, reflecting a period of...
Governor Macklem highlighted the increasing uncertainty and susceptibility of the economy to shocks, indicating that the BoC is prepared for a cautious approach. He stated that policy rate adjustments will be assessed on a meeting-by-meeting basis,...
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