Fundamental Analysis Category

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

EUR/USD Unlikely to Hit 1.1095 Before Fed/ECB Meetings Global financial markets faced a significant shakeup yesterday, primarily driven by the less-than-stellar July Purchasing Managers Index (PMI) data from the European Monetary Union (EMU). Both the manufacturing and services sectors in the region showed distinct signs of contraction. This negative performance led to a pronounced drop

USD/JPY Crosses 140.20 Mark in Surge While Investors Anticipate BoJ Rate Decision During the European session on Friday, the USD/JPY pair demonstrated strong upward momentum, crossing the 140.20 mark. This surge in the exchange rate can be attributed to the diverging monetary policies pursued by the Bank of Japan (BoJ) and the Federal Reserve (Fed).

RBNZ Maintains Wait-and-See Approach Despite CPI Indications The Reserve Bank of New Zealand (RBNZ) continues to adopt a cautious approach, refraining from making immediate changes to its monetary policy despite the latest inflation data. This wait-and-see stance comes even as the Consumer Price Index (CPI) shows signs of an inflationary trend. In parallel news from