AUD/JPY was seen trading around the 93.70 zone, recording its third consecutive day of mild losses. Despite the negative streak, the pair continues to hold above the 20-day SMA, suggesting downside may be limited. Momentum indicators remain soft; RSI stays in negative territory while MACD shows flat green bars. On Friday’s session the AUD/JPY edged […]
UR/JPY gains momentum to near 161.15 in Thursday’s early European session. The concerns over tariff risks on Japan might contribute to the JPY. The ECB is anticipated to cut interest rates at the March meeting on Thursday. The EUR/JPY cross extends the rally to around 161.15 during the early European session. The Japanese Yen (JPY)
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs. 2.8% expected. The dovish stance from the ECB might drag the Euro lower. The EUR/GBP cross weakens to near 0.8285 during the early European trading hours on Wednesday. The Pound Sterling (GBP) edges higher against the
EUR/JPY declined following the release of Japan’s Gross Domestic Product report on Monday. Japan’s GDP rose by 0.7% QoQ in Q4, marking the third straight quarter of growth. The Euro may gain if a ceasefire in Ukraine is agreed upon and gas supplies resume. EUR/JPY gives up gains from the previous session, trading around 159.10
The NZD/JPY cross entered deeper negative territory on Wednesday, giving back 0.77% as it settled around 87.80. Source link
