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…
Tag: Currency Trading
GBP/USD holds steady near 1.3380 as robust data lifts the US Dollar
During Friday’s North American session, the GBP/USD pair is consolidating sideways near 1.3380. Although Sterling reached a daily high of…
USD/JPY slips below 159.00 as market attention turns to US Retail Sales and PPI
The Japanese Yen is clawing back some ground on Wednesday as the US Dollar’s recent recovery loses momentum. The USD/JPY…
GBP/USD likely to challenge key support at 1.3370 – UOB Group
UOB Group FX analysts Quek Ser Leang and Peter Chia note that despite a lack of significant bearish momentum, Sterling…
Euro remains stable in calm trading before the North American session
According to Scotiabank FX strategists Shaun Osborne and Eric Theoret, the Euro (EUR) remains unchanged against the US Dollar (USD)…
EUR/USD Outlook: Bullish Signal Drives Rally Toward 1.1650
EUR/USD climbed to about 1.1635 during Wednesday’s Asian session, buoyed by signs that the ECB has completed its rate-cutting cycle.…
Australian Dollar Reaches Post-October High Amidst Weaker USD
The Australian dollar extended its two-week rally against a broadly weaker U.S. dollar on Wednesday’s Asian trading session, climbing to…
EUR/USD Contained Under 1.1600 as Fed Rate Cut Prospects Fuel Bullish Bias
The EUR/USD pair is ticking lower, trading around 1.1590 during Asian hours on Friday, following three days of gains. The…
USD/JPY Advances as Japanese Yen Indecision Meets US Dollar Uptick
Despite Tokyo’s consumer inflation data surpassing forecasts, bolstering arguments for Bank of Japan (BoJ) policy tightening, the Japanese Yen (JPY)…
EUR/JPY: Bullish Bias Confirmed Above 181.00
The EUR/JPY cross is trading in negative territory around 181.05 during Friday’s early European session. The Japanese Yen is seeing…