XForexTrade News

EUR/USD Dips to 1.1550 as Eurozone Data Weighs Down

The EUR/USD pair is experiencing notable downward pressure, trading near 1.1550, which is its lowest level in almost three months. This shift illustrates how investors are adapting to the differing monetary strategies of the Federal Reserve and the European Central Bank. The euro is showing signs of weakness, particularly against the backdrop of a more … Read more

XForexTrade News

USD/JPY Outlook – 153.80 as Tokyo Inflation Reaches 2.8%

The USD/JPY declined towards ¥153.80 following an earlier peak of ¥154.45, marking an eight-month high this week. The pair experienced a decline of 0.3% on Friday, following the release of new inflation data , which sparked fresh expectations regarding possible market intervention. The decision was made as the Bank of Japan maintained its interest rates … Read more