Japanese Yen Loses Ground on Shifting Interest Rate Expectations

Gold price started another increase and surpassed the $2,440 resistance. Crude oil is showing bearish signs and might decline below $75.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a steady increase from the $2,420 zone against the US Dollar. A key bullish trend line is forming with support near $2,440 […]

The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese inflation data, which was released just before the end of the Bank of Japan meeting, was much lower than expected. Tokyo Core CPI, which was overshadowed by […]

AUDUSD remains in red for the fourth straight day, but bears slowed on Wednesday and action holding within a narrow range just above three-month low. Technical studies remain bearish on daily chart and favor further downside, though oversold conditions suggest that consolidation is likely to precede. Broken daily Tenkan-sen (0.6600) should cap upticks to marks […]