The Bank of Japan (BoJ) has recently raised its key borrowing rate by 25 basis points (bps) to 0.5%, responding to sustained inflationary pressures that remain well above its 2% target. This decision comes as Tokyo's core Consumer Price Index (CPI)...
As of April 9, 2025, the USD/JPY currency pair is navigating a complex landscape influenced by recent geopolitical developments, economic indicators, and technical factors. The pair has exhibited volatility in response to escalating global trade...
Economic indicators play a pivotal role in forex trading by providing traders with data that can influence currency values and trading strategies. These indicators include statistics such as Gross Domestic Product (GDP), inflation rates, employment...
GBP/USD As of today, April 10, 2025, I’m seeing the GBP/USD pair under quite a bit of pressure, driven by both macroeconomic factors and technical signals. Fundamentally, the pound’s been struggling, especially with the recent U.S. tariffs hitting...
EURUSD Technical Analysis H1 Timeframe As of the H1 chart observation, the EURUSD currency pair is trading at 1.10469, maintaining bullish momentum after a steady climb from the support region of 1.09485. Utilizing the Zigzag indicator, we can see a...
