On Tuesday, the dollar exhibited strength, maintaining its position above 150 yen amidst expectations of prolonged higher US interest rates. This occurred against the backdrop of Japan’s economic recession and market skepticism regarding Tokyo’s imminent monetary easing policy adjustment. China’s Mortgage Rate Cut Draws Trader Attention Early Tuesday, China’s decision …
Read More »USD/JPY returns to the upward path 20/2/2024
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Read More »GBP stable below resistance 20/2/2024
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Read More »Dollar Maintains Stability Amidst Inflation Uncertaintiesd Rate Cut Persists
In the wake of last week’s economic data revealing ongoing challenges in US inflation, the dollar steadied on Monday, reflecting cautious sentiment regarding the Federal Reserve’s potential monetary easing strategies. Despite market uncertainties, the yen remained weak, hovering in proximity to the significant threshold of 150 against the dollar. US …
Read More »Dollar Slips Amid Strong US Data but Anticipation of Fed Rate Cut Persists
The US dollar faced a second consecutive session of decline on Thursday, following the release of a mix of robust US economic data. However, market sentiment remains geared towards the Federal Reserve’s potential interest rate cut in June, marking the first adjustment since the onset of the Covid-19 pandemic. Dollar …
Read More »USD/JPY Looking for additional momentum 16/2/2024
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Read More »GBP tends to be negative 16/2/2024
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Read More »Dollar Holds Below Three-Month High Amid Uncertainty Over Fed Rate Cuts
Dollar’s Stance Amidst Fed Rate Cut Speculations:The dollar remained below a three-month high on Thursday as investors grappled with the question of when the Federal Reserve would initiate interest rate cuts. Central bank officials’ comments on Tuesday’s inflation data further complicated the situation, leading to cautious market sentiment. Yen’s Resilience …
Read More »USD/JPY Retests Support 15/2/2024
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Read More »GBP Downward Trend 15/2/2024
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