USD/JPY Slides: Weak US CPI Weighs on Dollar, Yen Resilient
The Japanese Yen (JPY) staged a recovery against the US Dollar on Friday, pushing USD/JPY down to 152.85 from a…
Category: Forex News
EUR/JPY Slides as Takaichi’s Victory and Intervention Fears Boost Yen
The EUR/JPY pair is seeing its third straight day of losses, slipping below the 183.00 handle to trade near 182.70…
USD/JPY Edges Up to 153.25 While Persistent Bearish Bias Remains
USD/JPY Struggles to Recover as Yen Strength Dominates Post-Election The US Dollar staged a minor recovery from 11-day lows of…
INR Outlook: RBI Signals Interest Rate Stability, According to BBH
Analysts at Brown Brothers Harriman (BBH) highlight that the Reserve Bank of India (RBI) has paused its easing cycle, keeping…
EUR/USD remains pinned near lows as USD holds firm amid market caution
EUR/USD Struggles Near Multi-Week Lows Amid Global Market Turmoil The EUR/USD pair staged a modest recovery toward 1.1800 on Friday,…
USD/INR declines amid enthusiasm over new US-India trade agreement
The Indian Rupee (INR) opened significantly stronger against the US Dollar (USD) this Tuesday, buoyed by the formalization of a…
EUR/JPY Gains Momentum Following Upbeat Eurozone Growth and Cooling Japan Inflation
The EUR/JPY pair rose 0.27% on Friday, trading near 183.70. The Euro is benefiting from stronger-than-expected growth, with German and…
Bank of Canada anticipated to hold rates steady, confirming its watchful stance
The Bank of Canada (BoC) is widely anticipated to hold its benchmark interest rate steady at 2.25% this Wednesday, maintaining…
Yen Remains Flat Despite BoJ Outlook Upgrade.
According to ING FX analyst Chris Turner, the Japanese Yen’s reaction to the Bank of Japan’s (BoJ) recent upward revision…
JPY Rally Continues Amid Heightened Intervention Risks, Reports Scotiabank
Scotiabank: JPY Outperforms as Intervention Threats Mount According to Scotiabank strategists Shaun Osborne and Eric Theoret, the Japanese Yen (JPY)…