Fundamental Analysis Category

US Dollar Index Slips Below 107.00 Ahead of Fed Rate Decision The US Dollar Index (DXY) edges lower, trading near 106.85 during early European hours on Wednesday. Traders remain cautious as they await the Federal Reserve’s (Fed) policy decision, with speculation mounting that the central bank will adopt a more cautious tone on further rate

Japanese Yen Nears Monthly Low Against USD, Remains Under Pressure The Japanese Yen (JPY) extends its losing streak against the US Dollar (USD) for the fifth consecutive session, reaching a two-week low during Friday’s Asian trading hours. Expectations that the Bank of Japan (BoJ) will maintain its ultra-loose monetary policy at next week’s meeting weigh

USD/JPY Resilient Below 151.00 as Japanese Yen Bulls Stay Cautious The Japanese Yen (JPY) remains under pressure during the Asian session on Tuesday, struggling to capitalize on a modest rebound from a one-week low against the US Dollar (USD). Lingering uncertainty about a potential Bank of Japan (BoJ) rate hike in December weighs on the

US Nonfarm Payrolls Expected to Recover in November Following Weak October Data The US Bureau of Labor Statistics (BLS) is set to release the highly anticipated Nonfarm Payrolls (NFP) report for November on Friday at 13:30 GMT. This data will play a pivotal role in shaping expectations for the Federal Reserve’s (Fed) interest-rate policies and

Australian Dollar Trims Intraday Losses; AUD/USD Rebounds from 0.6400 Region The Australian Dollar (AUD) trims a part of its heavy intraday losses and assists the AUD/USD pair to rebound around 35-40 pips from the 0.6400 neighborhood or the lowest level since August 5. Any meaningful recovery, however, seems elusive in the wake of rising bets