USD/JPY Currency Pair Analysis The USD/JPY currency pair is currently fluctuating around the 146.91 mark. The weakness in the US Dollar Index remains bearish, trading below the 102.50 resistance level. Technical indicators suggest potential growth...
Geopolitical events are a critical factor influencing currency markets. Political stability, trade negotiations, and international conflicts can have significant impacts on market sentiment. For example, escalating trade tensions or geopolitical...
Analysis of the Current Market Trend for USD/CAD Introduction During the Asian trading session on Friday, the USD/CAD currency pair briefly rallied around the 1.3480 level before experiencing a pullback. This decline is primarily attributed to a...
The spot price continued its downward trajectory on Friday, trading just below its 11-month low of 0.6791, a level it touched earlier that day. The pair remains under pressure due to contrasting policy expectations between the US Federal Reserve...
GBP/JPY Analysis Update - August 10, 2024 Overview In today's analysis, despite the absence of high-impact data last Friday, the market exhibited relatively flat movement. The EUR/USD currency pair remained around the 187.05 mark. The GBP/JPY closed...