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Washington and Tokyo abandoned decades of deliberate ambiguity by confirming their coordinated Yen intervention within hours, turning the confirmation itself into forward guidance for USD/JPY — and this week’s battle to hold 155 will test Read more…
Key Highlights EUR/USD started a fresh increase above 1.1500. It traded above a key bearish trend line with resistance at 1.1410 on the 4-hour chart. USD/JPY declined heavily below the 157.50 support zone. Gold seems Read more…
China’s private manufacturing sector remained in expansion territory for an eighth consecutive month in July, although growth moderated from June. The RatingDog China General Manufacturing PMI eased to 50.9 from 51.7, the lowest reading in Read more…