The Euro has been unrelenting towards the Yen in 2023, as the interest rate differential between the European Central Bank (ECB) and Bank of Japan (BoJ) has seen traders flock…
Japan's year-on-year inflation came in 100 basis points above consensus, missing the 2% target set by the Bank of Japan. The recent upswing of the EURJPY currency pair temporarily stalled…
The Euro is losing its grip after recently bullying the Greenback into submission for most of 2023. The EURUSD currency pair has now closed in the red for a third…
The Chunnel, also known as the EURGBP currency pair, has experienced four consecutive weeks of losses. However, bearish momentum is likely subsiding, given that the prior week closed with the…
The U.S. will release its Inflation and CPI readings for April today, with expectations leaning towards a higher month-on-month inflation reading and sticky core inflation. Traders will be on tenterhooks…
The EURUSD currency pair closed off the prior week relatively flat in a jampacked week of economic events. Vital economic releases induced high volatility on the pair, leading to a…
Just after the Federal Reserve hinted at the possibility of a pause in rate hikes in the future, the Gold Spot Price (XAUUSD) surged 2.75%, taking it to a fresh…