The price has gained for the second consecutive session, trading around 0.8640 during the European hours on Thursday. This upward movement comes as the US Dollar (USD) benefits from a continuation of rising Treasury yields, providing further support...
The price has been consolidating within a tight range just below the key psychological level of 1.3900 during Tuesday’s European session. Despite the weakness in the US Dollar (USD), the price has also been underperforming, keeping the pair trapped...
The price saw a notable rise on Tuesday, climbing 0.82% to reach 0.6640 against the US Dollar (USD). This upward movement has been largely supported by rising commodity prices, particularly iron ore, Australia’s largest export. However, the path...
•••EUR/JPYaily Insights for November 5, 2024••• Today, EUR/JPY sits in a decisive range, driven by a mix of technical and fundamental factors. The pair is currently supported around 164.75, while resistance lies near 166, both crucial zones traders...
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