Fresh bullish acceleration broke above previous 24-year peak at 145.90, pushing the price to new multi-year highs in European trading on Wednesday. Bullish continuation after a limited pullback, sparked by Japan’s intervention in September, confirms an end of larger consolidation, also showing that the downside remains well protected, as post-intervention dip was contained above psychological […]
The post USD/JPY Rises to New Multi-Year High, Eyes 1998 Peak appeared first on Action Forex.
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…
Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact Read more…