The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
How to Recover Maximum Loss in Forex Trading: A Comprehensive Guide Forex trading, known for its high volatility and liquidity, offers substantial profit opportunities. However, it also comes with significant risks, leading to potential losses....
USD-CHF/H1 We're looking at the current price trends of the USD/CHF currency pair. Right now, the pair is stable within its trading range, but there's downward pressure. Even though it closed at local lows, there might be an upward movement. The...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...