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EURJPY Pauses to Consolidate Gains

Exhibiting commendable momentum, the EURJPY currency pair extended its advances, reaching the pinnacle at 159.80. This mark serves as an intraday impediment, momentarily impeding...

USDJPY Achieves Extended Target, Underpinned by Bullish Momentum

In the most recent trading session, the USDJPY currency pair executed a discernible upward rally, thereby surmounting the initial target at 144.00 with notable...

CHFJPY Capitalizes on Favorable Factors

The CHFJPY currency pair has recently demonstrated renewed upward movement, capitalizing on the prevailing stability within its bullish channel. This advancement has been bolstered...

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...

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