The Japanese yen fell after an uptick in October’s jobless rate. The rebound has met stiff selling pressure in the former demand zone around 142.40. A break below the recent low of 138.00 suggests that the path of least resistance remains down. As more buyers switch sides, increased volatility may drive the pair even lower. […]
The post USD/JPY Remains Under Pressure appeared first on Action Forex.
Eurozone retail sales edged lower in March, with the volume of retail trade falling -0.1% mom, outperforming expectations for a steeper -0.4% mom decline. The data suggest consumer spending remains soft, as higher energy costs Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal An area rug can completely transform Read more…
The Australian dollar continues to strengthen, pushing to fresh 2021–2022 highs, supported by a combination of the Reserve Bank of Australia’s tight monetary stance and a weaker US dollar. This week’s rate hike by the Read more…