USD/JPY Outlook: Yen Heads for a Stellar Week Against the Dollar
There is optimism that Japan’s ultra-low interest rates are approaching their end. The dollar was weak ahead of the awaited...
Read moreThere is optimism that Japan’s ultra-low interest rates are approaching their end. The dollar was weak ahead of the awaited...
Read moreTraders bet on the ECB starting rate cuts from March 2024. The euro is down 1% this week, marking its...
Read moreThe bias is bearish as long as it stays below the median line. The US and Japanese data should be...
Read moreThe Bank of Canada (BoC) maintained its key overnight rate at 5%. Canadian economic activity grew at its fastest pace...
Read moreData revealed US job openings fell to an over 2 ½ year low. There was a slight easing in the...
Read moreXAU/USD remains bearish if it stays below the 50% retracement level. The US data and the BOC should move the...
Read moreData revealed minimal growth in Australia’s economy in the third quarter. The RBA might not need to implement further hikes....
Read moreThe RBA kept interest rates unchanged. Bullock stated that the need for further rate hikes would hinge on incoming data....
Read moreXAU/USD remains bearish if it stays below the 50% retracement level. The 61.8% and the median line represent key support...
Read moreCore inflation in Tokyo decelerated in November. Market participants anticipate the gradual phasing out of the BOJ’s extensive stimulus. The...
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