Fundamental Analysis Category

USD/JPY Resilient Below 151.00 as Japanese Yen Bulls Stay Cautious The Japanese Yen (JPY) remains under pressure during the Asian session on Tuesday, struggling to capitalize on a modest rebound from a one-week low against the US Dollar (USD). Lingering uncertainty about a potential Bank of Japan (BoJ) rate hike in December weighs on the

US Nonfarm Payrolls Expected to Recover in November Following Weak October Data The US Bureau of Labor Statistics (BLS) is set to release the highly anticipated Nonfarm Payrolls (NFP) report for November on Friday at 13:30 GMT. This data will play a pivotal role in shaping expectations for the Federal Reserve’s (Fed) interest-rate policies and

Australian Dollar Trims Intraday Losses; AUD/USD Rebounds from 0.6400 Region The Australian Dollar (AUD) trims a part of its heavy intraday losses and assists the AUD/USD pair to rebound around 35-40 pips from the 0.6400 neighborhood or the lowest level since August 5. Any meaningful recovery, however, seems elusive in the wake of rising bets

US Core PCE Inflation Likely to Hold Steady, Casting Doubt on Additional Fed Rate Cuts The Bureau of Economic Analysis (BEA) is set to release October’s Personal Consumption Expenditures (PCE) Price Index on Wednesday at 13:30 GMT. As the Federal Reserve’s (Fed) preferred inflation gauge, this data will provide insights into the trajectory of inflation

Australian Dollar Holds Steady After Initial Gains Amid Stable US Dollar The Australian Dollar (AUD) maintained a steady position on Monday after paring earlier gains as the US Dollar (USD) continued to undergo a corrective pullback. The USD’s downward trajectory was partly driven by optimism in bond markets following President-elect Donald Trump’s nomination of Scott