Japanese Yen Strengthens as US-Japan Trade Deal Sparks BoJ Rate Hike Speculation
The Japanese Yen (JPY) extended its winning streak against a weakening US Dollar (USD) for the fourth consecutive day on Thursday, rising to its highest level in over two weeks during the Asian session. The recent announcement of a trade agreement between the US and Japan has eased fears of economic fallout from higher tariffs […]
Gold Slides Below $3,380 as Trade Optimism Dampens Safe-Haven Demand; Weaker USD Cushions Decline
Gold (XAU/USD) continues to face selling pressure for a second straight session on Thursday, falling below the $3,380 mark during the Asian trading hours. The pullback is largely attributed to a decline in safe-haven demand as optimism grows around global trade developments. Markets are responding positively to news of a finalized trade agreement between the […]
EUR/USD Climbs Above 1.1750 Ahead of ECB Rate Decision
The EUR/USD pair continued its upward momentum on Thursday, rising toward 1.1775 in early European trading. The Euro gained strength against the US Dollar amid growing optimism over a potential trade agreement between the European Union (EU) and the United States (US). Hopes are rising that both sides may reach a deal that includes a […]