BoJ Governor Haruhiko Kuroda said in a speech that the economy is “still on its way to recovery from the pandemic and has been under downward pressure from the income side due to rising commodity prices”. In this situation, “monetary tightening is not at all a suitable measure”. He added that the top priority is […]
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Key Highlights EUR/USD started a downside correction and traded below 1.1320. A connecting bearish trend line is forming with resistance at 1.1330 on the 4-hour chart. GBP/USD is consolidating gains and facing hurdles near the Read more…
Gold opened the week on the back foot as signs of further easing global trade tensions dented demand for safe-haven assets. The White House posted a surprise announcement of a trade agreement with China after Read more…
USDCAD: ⬆️ Buy USDCAD reversed from support area Likely to rise to resistance level 1.3980 USDCAD currency pair recently reversed up from the support area between the support level 1.3800 (which has been reversing the Read more…