The focus of market participants is set to shift toward the critical Bank of Japan (BoJ) policy decision during the upcoming Asian session, which could provide fresh directional impetus for the USD/JPY pair. Expectations are mounting that the BoJ...
The shared currency continues to struggle under the weight of expectations for more aggressive interest rate cuts by the European Central Bank (ECB) amid a gloomy Eurozone economic outlook. The ECB is projected to lower its Deposit Facility Rate by...
In my analysis of USD/JPY for the weekly guest contest, I selected the option predicting that the price would hit or touch both levels. I carefully examined the market dynamics and identified the potential for the instrument to move within the range...
Financial markets are widely expecting the US Federal Reserve to lower its benchmark interest rate by another quarter percentage point from the current target range of 4.5%-4.75%. This follows a series of rate cuts totaling 75 basis points in...
NZD/ USD Price Overlook The correction of the dollar index approaching the level of 107.00 has weakened the outlook for the US Dollar currency in almost every currency pair. Without exception for the NZDUSD pair which has been moving up this week....