Tag: USDJPY
USDJPY Price Draws Negative Pattern: Forecast for July 8, 2024
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USDJPY Price Analysis The USDJPY price continues to exhibit a pronounced bearish bias, targeting the initial support level at 160.20$. Upon closer examination of the...
USDJPY Price Crawls Upwards – Forecast for June 20, 2024
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Current Situation The USDJPY pair is exhibiting a bullish bias, moving above the 158.00 barrier and reinforcing expectations for a continued upward trend. Key Levels and...
USDJPY Price is Stable: Forecast for June 19, 2024
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USDJPY Price Analysis The USDJPY price has settled above the 157.35 level, showing no significant movement yesterday. This stability maintains the expected bullish trend scenario...
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
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Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data
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In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...
Asia FX Faces Pressure as Dollar Hits 10-Day High Amid Diminished Rate Cut Expectations
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Most Asian currencies experienced declines on Friday, with traders grappling with hawkish signals regarding inflation and interest rates, leading to a further reduction in...
Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable
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Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...
Asia FX Edges Lower, Dollar Steadies with Inflation on Tap
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Most Asian currencies showed little movement in a flat-to-lower range on Monday, while the dollar stabilized amidst recent fluctuations as investors awaited upcoming U.S....
Asian Currencies Hold Steady as Focus Shifts to US Inflation; Yuan Weakens on Tariff Fears
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Most Asian currencies remained relatively stable on Friday, with the dollar showing signs of stabilization following overnight declines. Attention turned towards key U.S. inflation...
Asian Currencies Hold Steady Amidst Mixed Market Sentiment
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Asian currencies maintained a subdued stance on Thursday as investors awaited further signals on U.S. interest rates from Federal Reserve officials and awaited upcoming...
Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations
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On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...
Asian Currencies Weaken as Dollar Stabilizes; RBA Moderates Hawkish Tone
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Asian currencies faced downward pressure on Tuesday, while the dollar found stability as market attention remained fixated on the timing of potential interest rate...