USDJPY – Pressure on the Japanese Yen Due to Interest Rate Differentials

31.05.2024
Key events today: 12:30 UTC: USD - Changes in income/expenditure levels. The Japanese Yen (JPY) remains stable after Friday's release of the Consumer Price Index (CPI) data by the Statistics Bureau of Japan. In May,...
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GBPUSD – Rate Cut Expectations Weigh on the Pound

29.05.2024
Key events today: 18:00 UTC: USD - Publication of the Fed's "Beige Book" economic review of the regions. The Pound-Dollar pair trades with slight losses around 1.2760 during the Asian session on Wednesday. A moderate...
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EURUSD – Pair in Search of New Direction

27.05.2024
No major events expected today. The EUR/USD pair trades around 1.0850 during the early Asian session on Monday. A stronger-than-expected preliminary Purchasing Managers' Index (PMI) for the Eurozone in May provides some support for the...
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USDJPY – Yen Fails to Strengthen

24.05.2024
Key events today: 12:30 UTC: USD - Change in Durable Goods Orders. The Japanese yen (JPY) continued to weaken on Friday following the release of weaker consumer price index (CPI) data published by the Statistics...
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GBPUSD – Pound Attempts to Consolidate Its Position Over the Dollar

22.05.2024
Key events today: 18:00 UTC: USD - Release of the FOMC meeting minutes. The GBP/USD pair remains near the 1.2710 mark in the early Asian session on Wednesday. Bank of England (BoE) Governor Andrew Bailey...
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