The USD/JPY has transitioned from a straightforward carry trade to a complex political landscape. The pair experienced a reversal exceeding 300 pips, moving from the peak of 159.22 down to approximately 156.18–156.40 within a single trading session. Selling intensified following reports that Japan’s Ministry of Finance conducted a “rate check”, reaching out to banks for … Read more
GBP/USD is currently positioned within the 1.3430–1.3490 range, having successfully breached the significant 1.3450 resistance that had persisted for several days. Intraday peaks are noted around 1.3483–1.3486, with market participants evidently focusing on the psychological level of 1.3500. The pair is experiencing upward pressure from two converging influences. On the UK side, the latest labour … Read more
The EUR/USD rate is currently fluctuating within a narrow yet politically charged range. The price has fluctuated from a recent low of approximately 1.1576–1.1589, the lowest point in nearly two months and a seven-week low, to highs close to 1.1808, which represented a three-month peak in late December. The current movement of EUR/USD is fluctuating … Read more
USD/JPY is positioned within a structurally bullish zone, even amid a weak US Dollar and a distinct risk-off environment. Spot has fluctuated between approximately 157.50 and the high-159s, following a year-to-date peak near 159.45 and remaining just under the psychologically significant 160.00 level, where authorities intervened around 160.23 in 2024. Simultaneously, the Dollar Index has … Read more
The EUR/USD pair has transitioned from a steady ascent towards the 1.1750–1.1800 range into a measured decline that is currently probing the 1.16 level. Following a decline to a five-week low around 1.1618, the pair experienced a recovery towards approximately 1.1698; however, any advance beyond the 1.1660–1.1700 range is facing selling pressure. The spot rate … Read more
The USD/JPY pair is currently positioned just beneath the 160.00 mark, having recently surpassed the 159.00 level. Spot levels around 159.24 indicate the extent to which the yen side has become stretched, bringing markets near a critical psychological and political threshold. The action follows several months of yen depreciation influenced by negative real rates in … Read more
The USD/JPY is currently positioned within the 158.00–158.50 range, reflecting a decline of approximately 0.3–0.4% for the day, following its inability to maintain an intraday peak around 158.70–158.70. The pair has retraced from the recent 159.40–159.50 peak but remains just a short distance below cycle highs, indicating that this is a pullback within a larger … Read more
GBP/USD is finding stability in the 1.3430–1.3440 range as recent UK data prompts traders to reassess the true weakness of the British economy. In November, GDP experienced a 0.3% month-over-month increase, effectively reversing the -0.1% contraction observed in October and surpassing the consensus estimate of 0.1%. The latest monthly figure represents the most robust performance … Read more
The AUD/USD exchange rate experienced an upward trend over three consecutive days, driven by a weakening US dollar amidst worries regarding the Federal Reserve’s autonomy. The asset reached a peak of 0.6720, surpassing the previous week’s low of 0.6663. The Australian dollar experienced a rebound as investors continued to express concerns regarding the Federal Reserve’s … Read more
The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more