GBP/JPY Stabilizes Above Key Moving Average Amid Yen Strength
The British Pound saw modest gains against the Japanese Yen this week, with GBP/JPY holding above its 200-day Simple Moving Average.
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The British Pound saw modest gains against the Japanese Yen this week, with GBP/JPY holding above its 200-day Simple Moving Average.
Standard Chartered analysts now anticipate the Bangko Sentral ng Pilipinas (BSP) will maintain its policy rate at the upcoming August meetin
The US Dollar Index (DXY) dropped below the 100.00 mark following weaker-than-expected July Nonfarm Payrolls figures.
EUR/USD advanced on Friday, reaching a seven-week peak as the US Dollar weakened following a disappointing Nonfarm Payrolls report.
Indonesia's second-quarter GDP growth surpassed analyst forecasts, leading Standard Chartered to revise its long-term economic outlook posit
Mexico's headline inflation in July met forecasts, indicating a potential stabilization in price trends for the Latin American economy.
Mexico's core consumer price index rose by 0.23% in July, slightly surpassing economist expectations for the period.
Investors are closely watching the upcoming US jobs report for July, with expectations for a modest increase in non-farm payrolls.
The NZD/USD currency pair showed limited movement on Friday, with market participants awaiting the critical US Nonfarm Payrolls (NFP) data.
Analyzing the distribution of Non-Farm Payrolls, unemployment, and wage growth estimates reveals potential market impact.
Germany's seasonally adjusted trade surplus narrowed to €15.4 billion in June, falling short of market expectations.
Japanese household expenditures dropped for a seventh consecutive month in June, complicating the Bank of Japan's monetary policy outlook.
A Federal Reserve official recently confirmed his preference for a rate hike at the last FOMC meeting, highlighting inflation risks.
GBP/USD maintained its position on Thursday, despite robust US employment figures preceding the influential Nonfarm Payrolls report.
EUR/USD faces hurdles at a key technical level as the US Dollar finds its footing, pausing a recent upward trend.
Bank of America revises its USD/JPY year-end forecast to 149 following a rare coordinated currency intervention by US and Japanese authoriti
Eurozone retail sales experienced an unexpected decline in June, falling short of market expectations and signaling potential consumer spend
Eurozone retail sales in June grew less than anticipated year-over-year, indicating a potential moderation in consumer spending.
Italy's industrial production experienced a monthly decline of 1.0% in June, though the second quarter registered a 0.4% increase.
Proprietary trading firm Pipcy unveils a novel evaluation system, allowing traders to qualify based on pips earned, not just monetary gains.
Bank of America CEO Brian Moynihan projects three additional Federal Reserve rate increases by the end of 2026 to manage inflation.
The Australian dollar exhibits a neutral-to-bullish directional bias, particularly above its 200-day Simple Moving Average.
The long-term effectiveness and political implications of recent US-Japan currency intervention on the yen remain under scrutiny.
Euro area producer prices registered a 0.3% monthly fall in June, primarily due to a significant decrease in energy prices.