The USD/JPY rate is currently positioned between 156.9 and 157.3, reflecting an increase of approximately 0.8 to 1.3% for the day, despite the Bank of Japan implementing its most significant tightening measure in thirty years. The yen experienced aggressive selling rather than strengthening, resulting in USD/JPY rising from the mid-154s earlier in the week to … Read more
The AUD/USD pair is currently trading in a stable manner around 0.6540 during the early hours of trading in Asia on Tuesday. Weaker-than-expected US economic data and increasing expectations for a US interest rate cut in December have led to a decline in the US Dollar against the Australian Dollar. Market participants will pay close … Read more
The AUD/USD exchange rate has remained stable lately, as traders reacted to the Australian employment data published last Thursday and are looking forward to the upcoming RBA minutes. The asset was positioned at 0.6535, a level it has reliably held over the past few days. The AUD/USD exchange rate showed little change after the latest … Read more