Fundamental Analysis Category

July 21, 2023
USD/JPY Crosses 140.20 Mark in Surge While Investors Anticipate BoJ Rate Decision

USD/JPY Crosses 140.20 Mark in Surge While Investors Anticipate BoJ Rate Decision During the European session on Friday, the USD/JPY pair demonstrated strong upward momentum, crossing the 140.20 mark. This surge in the exchange rate can be attributed to the diverging monetary policies pursued by the Bank of Japan (BoJ) and the Federal Reserve (Fed).

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July 19, 2023
RBNZ Maintains Wait-and-See Approach Despite CPI Indications

RBNZ Maintains Wait-and-See Approach Despite CPI Indications The Reserve Bank of New Zealand (RBNZ) continues to adopt a cautious approach, refraining from making immediate changes to its monetary policy despite the latest inflation data. This wait-and-see stance comes even as the Consumer Price Index (CPI) shows signs of an inflationary trend. In parallel news from

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July 17, 2023
Australian Treasurer Predicts Jobless Surge, Easing Inflation

Australian Treasurer Predicts Jobless Surge, Easing Inflation In a recent conversation, the Australian Treasurer, Jim Chalmers, expressed his forecast of a looming economic deceleration and a spike in unemployment as inflation begins to ease. He made these comments during his stint on ABC’s “Insiders” program, where he referenced predictions from both the Reserve Bank and

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July 14, 2023
US Inflation Slows; Equity Markets Rally on Earnings News

US Inflation Slows; Equity Markets Rally on Earnings News The slowing down of US inflation has been a welcome development in the financial markets. Along with positive earnings news, this has contributed to a robust rally in equity markets. The EUR/JPY pair, however, has seen only a slight recovery from its intraday low, hovering around

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July 11, 2023
EUR/GBP Drops to 0.8550 Amid UK Job Woes, Lackluster German Inflation

EUR/GBP Drops to 0.8550 Amid UK Job Woes, Lackluster German Inflation The EUR/GBP exchange rate has recently experienced a significant drop to 0.8550, marking a significant shift in the currency markets. This movement is not random; it reflects a complex interplay of various factors influencing both the Euro and the British Pound. From the Euro’s

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