The USD/JPY pair continued its upward trend for the fifth consecutive session, reaching 152.68, an increase of 0.47%. This movement comes as traders prepare for significant inflation data from Japan and the United States, while also considering reports of a forthcoming ¥14 trillion (≈$90 billion) fiscal stimulus from Japan. This action occurred in the context … Read more
The GBP/USD pair was observed trading around 1.3360 on Wednesday afternoon, showing a modest recovery following an intraday low of 1.3305. The British pound faced increased pressure after a UK inflation report came in weaker than anticipated, bolstering expectations that the Bank of England may lower rates as soon as December. Headline CPI remained unchanged … Read more
The EUR/USD pair continued its downward trend, falling below 1.1600 to reach 1.1572 as market participants showed a preference for the Dollar in light of escalating U.S.–China tensions and anticipations of a Federal Reserve rate cut in the upcoming week. The demand for the dollar increased as investors looked for safety amid global market fluctuations, … Read more
The Japanese yen faces significant selling pressure once more, with USD/JPY hovering around 152.90, nearing the pivotal 154.00 resistance level as investors assess Japan’s forthcoming leadership transition, increasing global bond yields, and the diminishing prospects for Federal Reserve rate cuts. The dynamics at play illustrate a convergence of two significant macroeconomic themes — Japan’s tenuous … Read more
The EUR/USD pair continued its decline towards the 1.1600 level, influenced by a robust dollar and a trend of cautious positioning in anticipation of significant U.S. inflation data scheduled for later this week. The euro’s initial advances diminished as market participants responded to weak Eurozone fundamentals, ongoing political instability in France after its A+ credit … Read more
The USD/JPY pair remains stable around 150.60, upholding a bullish trend as market participants assess Japan’s significant political transition alongside the prolonged U.S. government shutdown. The appointment of Prime Minister Sanae Takaichi, Japan’s first female leader, has sparked fresh speculation regarding the Bank of Japan’s policy trajectory, as markets foresee a postponement in rate normalization. … Read more
In light of President Donald Trump’s comments regarding the “unsustainable” nature of high tariffs on China, the U.S. Dollar experienced a broad strengthening, accompanied by an improvement in risk sentiment. The GBP/USD pair experienced a decline of 0.17%, currently trading near 1.34, while the Dollar Index increased to 98.42, bouncing back from previous losses. Trump’s … Read more
The USD/JPY pair is currently positioned around 150.65, bouncing back from the previous week’s low of 149.38. This movement is influenced by changing U.S. rate expectations, Japan’s imminent political transition, and a resurgence of optimism regarding U.S.-China relations, all converging to define a pivotal moment for the yen in 2025. The recovery comes after a … Read more
The GBP/USD moving closer to 1.3450 after bouncing back from Tuesday’s low of 1.3250. The decision follows as investors assess the implications of softer U.S. growth indicators in light of the U.K.’s delicate economic situation. The pair has now recorded three straight days of gains, receiving technical support from a declining U.S. Dollar Index , … Read more
The EUR/USD pair continued to gain momentum this week, rising as the U.S. Dollar Index fell to 98.10, marking its lowest point in four months. The euro’s ascent indicates a widespread adjustment in interest rate forecasts, as traders are currently anticipating two Federal Reserve rate reductions before the end of the year, amidst escalating economic … Read more