The spot price has extended its losing streak to three consecutive days, though it has recently bounced off its daily and weekly lows of 1.3066, now trading at around 1.3120. The currency pair faced downward pressure following the release of US...
Strength of the Japanese Yen and Market Dynamics In the past trading week, the Japanese Yen demonstrated its strength, achieving notable highlights. After touching a resistance level of 143.53, the Yen experienced a corrective rally, dropping to...
The pair struggled to gain momentum during Friday's Asian session, trading in a narrow range just above the 1.0900 psychological support level, close to a four-week low reached the previous day. Traders are exercising caution as they await the...
The gold market experienced a sharp decline earlier in the week, likely as traders struggled to find value after a long period of overbought conditions. Such a pullback is not unusual given how high the market has risen recently. However, the market...
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