Tag: Key

Japanese Yen Awaits Kuroda, Intervention Threat, Key US Inflation Data After Dovish BoJ

Japanese Yen, USD/JPY, Bank of Japan, Kuroda, PCE, Technical Analysis – Market UpdateJapanese Yen marks time on still dovish Bank of JapanIntervention remains a volatile threat to USD/JPY aheadEyes on Kuroda and the...

USDCAD moves to a key downside target

The USDCAD move down to test a key support area defined by the 38.2% retracement of the move up from the August low at 1.34995. Also in that area is swing lows and...

EUR/USD runs up against key resistance with ECB in focus today

This is the first time that EUR/USD is testing its 100-day moving average (red line) since February this year. That is a testament to the sort of rebound seen this week, with the...

Explainer-Yen is past key 150 threshold. What’s next? By Reuters

3/3 © Reuters. An employee of the foreign exchange trading company Gaitame.com works in front of monitors showing the Japanese yen exchange rate against the U.S. dollar at its dealing room in Tokyo, Japan,...

USD/JPY Trades Above Key Level as Investors Await BoJ Intervention: Asia-Pacific Outlook

Japanese Yen, USD/JPY, Bank of Japan, Sentiment, Technical Outlook – Talking PointsAsia-Pacific stocks face headwinds from higher Treasury yields to close the weekJapanese inflation data in focus as heavy volume of options trades...

Canadian Dollar Gains but Remains in Tough Spot, USD/CAD Rejected at Key Support

CANADIAN DOLLAR OUTLOOK:Canadian dollar gains on stronger oil prices and a somewhat positive mood on Wall Street, but its outlook remains challengingBets that the Bank of Canada will raise interest rates more aggressively...

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