strengthens

Japanese Yen AnalysisJapanese Yen backs away from supposed intervention trigger after renewed strengthUSD/JPY breaks beneath a dynamic level of prior supportJapanese yen is most heavily shorted since at least 2020, posing risk of a short…

Share: Japanese Yen continues its recovery into the weekend on potential for divergent monetary policy.…

Share: Japanese Yen rebounds after Tokyo inflation data increases bets the Bank of Japan (BoJ) will tighten…

On Tuesday, financial market participants received a piece of data that gives signs of a slowdown in economies in different countries. Namely, the PMI index (an index of purchasing managers, which is considered a leading…

ISM MANUFACTURING KEY POINTS:Manufacturing activity edges down to 46.9 in May from 47.1 previously, slightly below expectationsNew orders sink, whereas the employment and production indices offset weakness in other components of the ISM…

Share: Oil price trades with losses as the US Dollar strengthens on hawkish Federal Reserve speeches, US…

Share: The US dollar is rising sharply on Friday, trimming weekly losses after the release of US economic…

Share: AUD/USD has sensed a stellar buying interest amid the declining USD Index. A bull cross, delivered…

EUR/USD is gauging a cushion around 1.0900 despite the negative market mood. A bear cross, represented by the 20-and 50-EMAs around 1.0927, adds to the downside filters. The RSI (14) has shifted into the bearish…