USDJPY has been range-bound between 142.30 and 146.29 since mid-May, following a five-month downtrend. Volatility within the range has remained elevated, driven by a combination of geopolitical developments and key data releases impacting multiple asset classes. From a geopolitical perspective, the conflict between Iran and Israel shows no clear signs of easing, with headlines emerging […]
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EURUSD stabilizes after 3½-year high as Middle East tensions escalate. Technical picture continues to favor the bulls; next barrier likely near 1.1685. EURUSD surged to a three-and-a-half-year high of 1.1630, following weaker-than-expected U.S. inflation data Read more…
Gold trades within a narrow range on Tuesday morning, following almost 2% drop on Monday and daily close below psychological $3400 support (reverted to resistance and caps the action for now). Surprise drop despite escalation Read more…
This morning, the Bank of Japan (BOJ) released its interest rate decision, keeping the rate unchanged as widely expected. According to Forex Factory, the BOJ Policy Rate remains at 0.5%. BOJ Governor Kazuo Ueda noted Read more…