USD/JPY Stalls at 151.3 Amid Market TensionForex

USD/JPY Stalls at 151.3 Amid Market Tension

Key Points: The USD/JPY Current Trading Value is 151.300s, indicating a tense market scenario. Bulls fear Japanese intervention, while bears…

2-Day Canadian Dollar Rally; Durable Goods Up 1.4%Forex

2-Day Canadian Dollar Rally; Durable Goods Up 1.4%

Key Points: The Canadian Dollar (CAD) increased for the second consecutive day. U.S. Durable Goods and Non-Defense Capital Goods Orders…

GBP/JPY Breakout: Watch 187.96 & 195.88 TargetsForex

GBP/JPY Breakout: Watch 187.96 & 195.88 Targets

Key Points: GBP/JPY exhibits a bearish wedge pattern, with a recent breakout and subsequent pullback. Technical indicators suggest short-to-medium-term reversals,…

Mexican Peso Gains 0.1% Against US DollarForex

Mexican Peso Gains 0.1% Against US Dollar

Key Points: The Mexican Peso recently surged, gaining more than 0.1% against the USD. The USD/MXN’s current rate is 16.69,…

USD/ZAR Swings: Fed Cautiousness & 19.00 BenchmarkForex

USD/ZAR Swings: Fed Cautiousness & 19.00 Benchmark

Key Points: USD/ZAR volatility is being affected by a cautious approach from the Fed, as indicated by recent statements and…

GBP/USD Climbs to 1.2639, Securing 0.32% IncreaseForex

GBP/USD Climbs to 1.2639, Securing 0.32% Increase

Key Points: GBP/USD ascends to 1.2639, marking a 0.32% upswing. The mixed Federal Reserve outlook contrasts with the UK’s retail…

Australian Dollar Rebounds with 0.6540 Against USDForex

Australian Dollar Rebounds with 0.6540 Against USD

Key Points: The Australian Dollar rebounds with 0.6540, showcasing resilience against the US Dollar. Anticipation builds for upcoming CPI data…

Indian Forex Reserves Hit Record $642.49 BillionForex

Indian Forex Reserves Hit Record $642.49 Billion

Key Points: Indian Forex Reserves hit a record $642.49 billion. The consecutive increase was observed over four weeks, with a…

EUR/USD Rises to 1.0817, Awaits Key Data ImpactsForex

EUR/USD Rises to 1.0817, Awaits Key Data Impacts

Key Points: EUR/USD strengthens below mid-1.0800s amidst a softer US Dollar. Investors eye German retail sales and US GDP data…

Indian Rupee Dips; PMI Hits 8-Month HighForex

Indian Rupee Dips; PMI Hits 8-Month High

Key Points Indian Rupee weakens on Friday due to a stronger US dollar and higher US Treasury bond yields. HSBC…