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Japanese Yen Seems Unemotional after Fed’s Hints at Monetary Policy Turnaround, as BoJ Keeps Slightly Negative Interest Rate in Place
Jan 24, 2024
The Japanese yen consolidated as the Bank of Japan issued a restrictive statement that it is expected to withdraw i...
Transitory Dollar Weakness Temporarily Pushed Yen and Other Asian/Pacific Currencies Higher
Dec 07, 2023
The USD/JPY pair experienced a significant correction of around 1.5% lately.
New Israeli-Hamas Events Point to Increasing Chances of Further Oil Price Spikes
Oct 18, 2023
Tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns ab...
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
The Euro May Struggle To Extend Its 10% Recovery vs. USD
Dec 05, 2022
After the euro’s best month since 2010, Fx traders expecting a traditional year-end rally may be disappointed.
Norwegian Kroner: the Last Victim of “Soft Panic”
Sep 01, 2022
The dollar index DXY was last flat at 108.93, hovering just below a two-decade peak reached on Monday of 109.48.