USD/JPY Forecast: USD Continues to Recover Against Yen
It was amazing to watch Wall Street just talk about the Fed as if they are not fighting inflation and are more concerned about the stock market and what Wall…
It was amazing to watch Wall Street just talk about the Fed as if they are not fighting inflation and are more concerned about the stock market and what Wall…
Sterling is down 0.5% on the day after failing to rise above the 161.90 Fib. resistance The pair broke the short-term uptrend line and is now testing the 160.90 support…
USDJPY The dollar is not getting much of a break in European trade, although market sentiment appears to be more cautious. USD/JPY has now fallen to its most recent lows…
I suspect as of now that the pair will probably be a bit indifferent as we wait to see what language comes out of this meeting. USD/JPY retreated slightly during…
GBP/JPY erases some of its gains and ends the week up more than 3 percent. GBP / JPY Traders largely ignored UK political turmoil. The cross currency is range bound…
Analysts at Bank of America revised down their previous expectations for key European currencies – the euro and the pound sterling. „A sustained elevated core inflation is pushing the Fed…
A surging US dollar threatens to end the nascent rally in the yen, just as speculators have abandoned betting on the Japanese currency. The USD/JPY currency pair started this week’s trading with the…
The Canadian dollar has rallied a bit during the trading session on Wednesday to show signs of life again, as we are now threatening the ¥105 level. Furthermore, the 50-Day EMA is sitting…