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Dollar Gains Ground in Anticipation of Crucial Inflation Figures

The U.S. dollar exhibited a resurgence during early European trading on Monday, rebounding from its previous losses sustained following Friday's payrolls data release. This...

Critical Support Tested as USDJPY Shows Signs of Recovery

The USDJPY currency pair has persisted in its downward trajectory, culminating in a notable test of the pivotal support level at 141.40. Observations reveal...

USD/JPY Retests Neckline Level Amidst Negative Pressure

In recent trading, the USD/JPY currency pair encountered downward pressure, leading to a retest of the crucial support level at 142.00. This mark holds...

GBP/JPY Sustains Ascending Trajectory

The GBP/JPY currency pair has embarked on a trajectory of positive momentum, evident in the Stochastic indicator surging above the pivotal 50 level. This...

EUR/JPY Strengthens Amidst Uptrend

The EUR/JPY currency pair sustained its lateral trajectory in the prior session, holding its position above the supplementary support level situated around 156.20. Concurrently,...

USD/JPY Anticipates Further Advancements

The USD/JPY pairing remains entrenched in a trajectory of positive trading, exhibiting attempts to distance itself from the recently breached neckline within the confines...

Yen declines 1% against dollar

Yen fell against most major rivals on Monday as dollar strengthened and after mixed data. Earlier government data showed Japan's industrial production rose 2% in...

What is a Swiss franc worth?

The Swiss Franc (CHF) is the official currency of Switzerland, renowned for its stability and strong reputation in the global financial landscape. Understanding the...

Daily Global Foreign Exchange Market News Express (July 11)

1. Fed-Bostic reiterated: I don’t think it is necessary to raise interest rates to see inflation return to 2%. Mester: Could have hiked in...

If the Fed does not cut interest rates by the end of 2024, USD/JPY may reach 160

Bank of America strategists Shusuke Yamada and Izumi Devalier, among others, said that if the Fed does not cut interest rates by the end...

Exploring the World’s Most Resilient Currencies: An Overview

In the vast global landscape of currencies, some stand out for their exceptional resilience and stability. These currencies serve as pillars of strength in...

Mastering the Forex Market: Finding the Best Time to Trade

The Forex market, with its global nature and 24-hour trading cycle, offers ample opportunities for traders. However, not all trading hours are created equal....

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