BoJ Governor Haruhiko Kuroda said today that Yen’s depreciation is “positive to the economy as long as the moves are stable”. He added, “various macroeconomic models show weak yen is positive.. But he also reiterated that it’s important for exchange rate to move “reflecting fundamentals”. Kuroda also retracted the remain made earlier on inflation which […]
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Key Highlights EUR/USD started a fresh decline from the 1.1260 resistance. A key bearish trend line is forming with resistance at 1.1225 on the 4-hour chart. GBP/USD is consolidating below the 1.3350 resistance zone. Gold Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…
S&P 500: ⬆️ Buy S&P 500 broke the resistance level 5900.00 Likely to rise to resistance level 6100.00 S&P 500 index recently broke the resistance level 5900.00, the former support from January and February. The Read more…