Fundamental Analysis Category

GBP/JPY shows uncertainty in intraday direction, remaining above 182.00 prior to BoE announcement The GBP/JPY currency pair is currently displaying uncertainty in its intraday direction, maintaining a position just above the 182.00 mark as the Asian trading session unfolds this Thursday. Investors appear to be in a state of anticipation, awaiting the outcome of the

BOJ’s Policy Adjustment Indicates No Departure from Ultra-Low Rates – Deputy Governor The Bank of Japan (BOJ) recently made changes to its bond yield control policy with the intention of ensuring the sustainability of its massive stimulus, rather than signaling an exit from ultra-low interest rates, according to Deputy Governor Shinichi Uchida. On Wednesday, Uchida

GBP/JPY Surges to a Three-Week High of 182.80-182.85 on Broad JPY Weakness The GBP/JPY pair has seen a significant rise for the second consecutive day on Monday, reaching a three-week high in the early European trading session. The pair is currently hovering around the 182.80-182.85 region, a surge of over 650 pips from Friday’s lowest

Dollar Plunges to Upper 138 Yen Zone Amidst Speculation Over BOJ Policy Adjustment The U.S. dollar saw a dramatic fall to the upper 138 yen level in Tokyo’s early trading hours on Friday. This substantial shift was driven by widespread speculation that the Bank of Japan (BOJ) may be considering adjustments to its ultra-easy monetary

ECB Plans Another Rate Hike while Maintaining Flexibility for September The European Central Bank (ECB) is set to raise interest rates for the ninth consecutive time on Thursday, amid the ongoing battle against surging inflation and mounting evidence of an economic slowdown. With inflation still remaining stubbornly high and projected to take until 2025 to