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Month: August 2023

Cryptocurrencies

Japanese Yen Hits 9-month Low

Japanese yen dips below 145 line Japan’s GDP expected to expand by 3.2% US retail sales projected to rise by 0.4% The Japanese yen continues to slide. USD/JPY touched the symbolic 145 line on Friday Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

Japanese Yen Hits 9-month Low

Japanese yen dips below 145 line Japan’s GDP expected to expand by 3.2% US retail sales projected to rise by 0.4% The Japanese yen continues to slide. USD/JPY touched the symbolic 145 line on Friday Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

Japanese Yen Hits 9-month Low

Japanese yen dips below 145 line Japan’s GDP expected to expand by 3.2% US retail sales projected to rise by 0.4% The Japanese yen continues to slide. USD/JPY touched the symbolic 145 line on Friday Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

Japanese Yen Hits 9-month Low

Japanese yen dips below 145 line Japan’s GDP expected to expand by 3.2% US retail sales projected to rise by 0.4% The Japanese yen continues to slide. USD/JPY touched the symbolic 145 line on Friday Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

EURUSD Stuck Awaiting FED’s Actions

This Monday, 14 August, the major currency pair is hovering near 1.0940. The market is focused on the future actions of the Federal Reserve System. Last weekend, major US investment houses made their forecasts on Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.59; (P) 144.79; (R1) 145.17; More… Intraday bias in USD/JPY remains on the upside as rise from 127.20 is extending. Next target is 61.8% projection of 129.62 to 145.06 from 137.22 at Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

Japan in Spotlight: Q2 GDP, Nikkei, and Yen dynamics garner attention

Investor attention is set to pivot towards Japan’s Q2 GDP data in the upcoming Asian session. Preliminary forecasts project a qoq growth of 0.8%, translating to an annualized expansion of 3.1%. In today’s trading, Nikkei Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

USDJPY Analysis: Rate Reaches Max of the Year

The uptrend in 2023 is due to the difference in the monetary policy of the Bank of Japan and the US Federal Reserve. As the chart shows, USD/JPY hit 145.22 yen per US dollar today. Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

Quiet Crypto Awaits a Signal from Senior Markets

Market Picture During the week, the crypto market gained 0.7% and showed very low volatility over the last four days, with movements around the $1.17 trillion level. The Cryptocurrency Fear and Greed Index moved into Read more…

By , 2 years ago August 14, 2023
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 183.55; (P) 183.89; (R1) 184.38; More… Intraday bias in GBP/JPY remains on the upside at this point. Sustained break of 183.99 will confirm larger up trend resumption. Next target is 61.8% projection Read more…

By , 2 years ago August 14, 2023

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