The USD/JPY has moved back above the 158.50–158.70 range, reversing the short-term decline from this week’s ¥157.43 low and reaffirming its upward trend. The global risk sentiment experienced a significant turnaround following the dissipation of the recent tariff concerns, alongside the establishment of a framework agreement regarding Greenland, which alleviated the immediate risk of additional … Read more
The AUD/USD exchange rate remained stable, establishing a bullish engulfing pattern following the release of China’s macroeconomic data on Monday. The asset increased to a peak of 0.6715 and is gradually approaching the year-to-date high of 0.6786. The increase stands at 4.55% from the lowest point recorded in November of the previous year. The AUD/USD … Read more
The AUD/USD pair attempted to gain ground at the start of the Friday session but ultimately fell short, retreating back below the 0.67 level once more. The current market conditions are characterized by significant volatility and unpredictability. AUD/USD tried to push higher early in the session; however, it faltered and slipped below the 0.67 handle … Read more
The USD/JPY pair is currently positioned between 157.8 and 158.0, having slipped below the 158.00 mark. This shift appears to be influenced primarily by a general decline in the USD rather than an abrupt increase in demand for the yen. The Dollar Index is currently positioned around 99.18, reflecting a decline of approximately 0.2%. This … Read more
The USD/JPY pair is currently positioned near 158.00, following a week in which the Dollar maintained its strength but exhibited a decline in momentum relative to the Yen. The pair momentarily exceeded 159.00 before retreating, concluding the week approximately 0.4% lower as Japanese officials intensified their warnings and the markets adjusted to a heightened likelihood … Read more
The EUR/USD pair is currently trading within the range of 1.1610 to 1.1620, following a recent decline to a six-week low of 1.1593. This marks the end of a period during which the pair maintained levels above 1.1700 and 1.1750. The pair is positioned distinctly beneath its significant short-term moving averages on both intraday and … Read more