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01 Jun 2023Is the Japanese Yen back on the winning side soon?
Last year, the market witnessed a 32-year low of the Japanese Yen against the U.S. dollar. This weakness in the Yen wa…
11 Nov 2022Quarterly Forex Market Outlook October 2022
The American Dollar plummeted on Thursday 10th of Nov. against a basket of world currencies after October ann…
15 Mar 2022Short term to medium term view on USDJPY from an Elliott wave perspective
Let’s have a look at the technical side.
118.38 remains a strong resistance in the near term which coincides …
18 Feb 2022Canadian Dollar- One more leg to the upside?
Indeed, data from Statistics Canada showed the annual inflation rate accelerated in January to a 30-year high of 5.1% as f…
13 Jan 2022Euro lurched higher as U.S dollar entered a sell-off spiral at the start of 2022!
The Single currency bolstered from two months of sideways trading to a high of $1.1478 on Thursday after …
20 Dec 2021Euro beguiled the bull post FED and BOE hawkish tilts and cautious ECB last week.
After climbing to its highest level in more than two weeks at $1.1360 last Thursday, the Single currency sur…
26 Nov 2021EUR/USD, a falling knife!
On Wednesday, the downtrodden euro plumbed to its lowest level, since early July 2020, at $1.1186 against a roaring U.S…
29 Sep 2021GBPUSD forecast in line with our expectations amid an intense rebound in the Dollar Index
A tightening of monetary policy by the European Central Bank remains far in the future but ECB remains vigilant on its …
18 Jun 2021USDJPY finally topped exactly in the 110.80-111.00 resistance zone before trimming most of its post Fed gains.
The Bank of Japan kept its policy unchanged today and held its negative interest rate firm while also holding steady to it…