Forex
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Japan’s Katayama: Getting closer to taking decisive step in FX market
Japanese Finance Minister Satsuki Katayama said on Thursday that they are moving closer to taking a decisive action in the…
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BoJ Report: Impact of weak Japanese Yen shock on inflation bigger than that from oil shock
A report released by the Bank of Japan (BoJ) on Thursday revealed that the impact of weak Japanese Yen shock on…
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NZD/USD hangs near two-week low; seems vulnerable below 0.5850/200-day SMA
NZD/USD struggles to capitalize on a modest intraday uptick to the 200-day SMA support breakpoint. The Fed’s hawkish tilt and…
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EUR/JPY holds losses near 187.00 ahead of ECB policy decision
EUR/JPY weakens as the Euro struggles amid rising risk aversion driven by Middle East tensions. The European Central Bank is…
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JPY flat lines after Fed holds rates, Japan warns on speculative moves
USD/JPY holds steady near 160.45 in Thursday’s early European session. Fed held interest rates steady at 3.50%–3.75% on Wednesday; traders…
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AUD/USD – Bullish USD to cap recovery from 0.7100/two-week low
AUD/USD stages a modest recovery from a two-week low, around 0.7100, touched on Wednesday. The Fed’s hawkish tilt and Iran…
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GBP flat lines vs USD as traders await BoE policy update and US PCE Price Index
GBP/USD bulls seem hesitant as the Fed’s hawkish tilt and the US-Iran tensions underpin the USD. Bets for two BoE…
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EUR/USD – Hovers around 50-day EMA near 1.1700
EUR/USD may hover near its eight-month low around 1.1411. The 14-day Relative Strength Index near 48 signals weakening bullish momentum…
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BREAKING: Bank of Canada keeps rates unchanged, USDCAD extends gains
Bank of Canada (BoC) Rate Decision: Actual 2.25% Forecast 2.25% Previous 2.25% The Bank of Canada maintained its policy interest…
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Trade of The Day – EUR/CHF
Facts: The pair invalidated 1:1 structure at 0.9204 EURCHF is trading above the 100-period exponential moving average from D1 interval…
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