Fundamental Analysis Category

US Dollar Index (DXY) Cautious Ahead of US Inflation Data During Thursday’s Asian session, the US Dollar Index (DXY) hovers around 102.45, displaying a tentative stance following its first daily loss in three sessions. This index, which measures the Greenback’s performance against six major currencies, reflects the prevailing caution in the market as traders await

Japanese Yen Weakens Despite Unusual FX Warning from Ueda The Japanese yen’s decline persists following the Bank of Japan’s (BOJ) unexpected adjustment to its yield curve control program. This shift has drawn the attention of central bank officials, especially since Governor Kazuo Ueda broke tradition by acknowledging that currency considerations influenced policy decisions. Ueda’s disclosure

WTI Crude Oil Supports OPEC+ Decision, US Dollar Retreats Near $83.00 High WTI crude oil has demonstrated resilience, holding onto modest gains around $82.90 in early Monday trading in Asia. The energy benchmark has maintained a three-day uptrend, reaching a four-month high. This price surge comes in response to favorable developments and positive market sentiment.

GBP/JPY shows uncertainty in intraday direction, remaining above 182.00 prior to BoE announcement The GBP/JPY currency pair is currently displaying uncertainty in its intraday direction, maintaining a position just above the 182.00 mark as the Asian trading session unfolds this Thursday. Investors appear to be in a state of anticipation, awaiting the outcome of the

BOJ’s Policy Adjustment Indicates No Departure from Ultra-Low Rates – Deputy Governor The Bank of Japan (BOJ) recently made changes to its bond yield control policy with the intention of ensuring the sustainability of its massive stimulus, rather than signaling an exit from ultra-low interest rates, according to Deputy Governor Shinichi Uchida. On Wednesday, Uchida