Fundamental Analysis Category

December 7, 2023
Japanese Yen Soars to Three-Month High Versus USD on BoJ Hawkish Outlook

Japanese Yen Soars to Three-Month High Versus USD on BoJ Hawkish Outlook The Japanese Yen (JPY) has seen a notable surge, reaching a three-month high against the US Dollar (USD) on Thursday. This upward movement is largely attributed to increasing expectations of a policy shift by the Bank of Japan (BoJ). The recent meeting between

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December 5, 2023
Japanese Yen Fluctuates Against USD, Maintains Bullish Outlook

Japanese Yen Fluctuates Against USD, Maintains Bullish Outlook Amid a backdrop of fluctuating market signals, the Japanese Yen (JPY) displayed volatility against the US Dollar (USD) during Tuesday’s Asian trading session. Despite occasional gains and minor losses, the currency pair could not find a clear direction. Market participants are weighing various factors, including the Bank

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December 4, 2023
Japanese Yen Gives Up Early Gains; USD/JPY Recovers from Recent Lows

Japanese Yen Gives Up Early Gains; USD/JPY Recovers from Recent Lows The Japanese Yen (JPY) recently faced challenges in sustaining its initial gains against the US Dollar (USD), reversing from a nearly three-month high achieved during Monday’s Asian trading session. The Yen’s inability to maintain its upward trajectory was influenced by the Bank of Japan’s

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December 1, 2023
Australian Dollar Cuts Gains Before US Data, Powell’s Speech

Australian Dollar Cuts Gains Before US Data, Powell’s Speech The Australian Dollar (AUD) found its footing to pause a recent downtrend as trading wrapped up for the week, although the resurgence of the US Dollar (USD) weighed on the AUD/USD currency pair. This pressure was compounded by less-than-stellar economic data emerging from China, which typically

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November 30, 2023
Australian Dollar Rises Amid Hopes for Chinese Stimulus After Weak Data

Australian Dollar Rises Amid Hopes for Chinese Stimulus After Weak Data The Australian Dollar (AUD) has demonstrated resilience, rebounding from its recent slump even as Australia’s economic figures showed a downturn. The AUD/USD pair, after peaking near a four-month high at 0.6676, has seen a slight pullback. This movement comes amid a broad recovery of

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