Japanese is only on Friday in a negative territory. This follows a two -day rally that saw Yen Jump 1.9% and hit a three -month maximum. At the European meeting, USD/JPY is traded at 151.94, which is 0.39% per day. On the queue of the data, Japanese...
The dovish sentiment gained traction following weaker-than-expected Retail Sales data, which increased by 0.4% month-over-month, falling short of the anticipated 0.6% rise and decelerating from the revised 0.8% gain in the prior month. Additionally,...
Introduction The AUD/USD currency pair is one of the most actively traded pairs in the forex market. Its movement is influenced by various factors, including key economic data, central bank policies, and overall global risk sentiment. In this...
The pair remains in focus as investors weigh the policy divergence between the Bank of Canada (BoC) and the Federal Reserve (Fed). Expectations that the BoC will pursue a more aggressive rate-cutting cycle than the Fed could help limit the downside...
The U.S. Nonfarm Payrolls (NFP) report, released on February 7, 2025, has once again demonstrated its profound influence on the Forex market, particularly concerning the XAU/USD (Gold vs. U.S. Dollar) pair. This monthly report, which details the...
