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USDJPY accelerated lower (down 1.4% in Asian/early European session) on Thursday, driven by growing market expectations that the Bank of Japan will soon start exiting its long lasting ultra-low monetary policy, which strongly boosts demand for yen. On the other hand, the US Federal Reserve is likely done with tightening and markets speculate that the […]

The post USD/JPY: Japanese Yen Surges on Signals that BoJ is About to Exit Ultra-Loose Policy appeared first on Action Forex.

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18/01/2024

AUDUSD Edges Higher After 2-Month Low

AUDUSD remains beneath uptrend line and 200-day SMA Bearish wave on the cards RSI and stochastic suggest upside recovery AUDUSD is recouping some losses today after the aggressive sell-off of the preceding three days, posting a new two-month low near 0.6520. The pair slipped beneath the medium-term ascending trend line and the 200-day simple moving […]
01/08/2024

The Crypto Market Pulled Back Further into the Range

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02/09/2024

Brace for Impact, it is NFP-Week

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