Tag: Economic News
Australian Dollar Stumbles Toward Key Yearly Support Amidst Thin Holiday Trading
Australian Dollar Faces Pressure as It Approaches Key Yearly Support As holiday trading causes market activity to thin, the Australian Dollar is nearing critical yearly [Read More…]
AUD/JPY Soars Above 96.50 After BoJ’s December Rate Decision
AUD/JPY Climbs Above 96.50 After BoJ Leaves Rates Unchanged The AUD/JPY currency pair surged above the 96.50 mark following the Bank of Japan’s (BoJ) decision [Read More…]
China Targets 5% Growth with Higher Deficit, Reuters Reports
China Sets 5% Growth Target with Higher Deficit, Reuters Reports China has set a 5% growth target for 2024, according to Reuters. This decision reflects [Read More…]
USD/JPY Soars to Two-Week Highs Near 153.50 as BoJ Tightening Expectations Fade
USD/JPY Reaches Two-Week Highs as Market Expectations Shift The USD/JPY has surged to a two-week high, approaching the 153.50 level, as speculation about potential tightening [Read More…]
Gold and Silver Price Forecast: Inflation Data Boosts Safe-Haven Appeal
Gold and Silver Price Forecast: Inflation Data Boosts Safe-Haven Appeal As global inflation continues to stir market volatility, gold and silver price forecasts are heavily [Read More…]
USD/JPY Likely to Face Strong Resistance at 152.00 Level
The USD/JPY currency pair has been on a steady upward trajectory in recent weeks, but resistance at the 152.00 level poses a significant barrier to [Read More…]