07.10.2022
Chicago 12, Melborne City, USA
Business

EUR/JPY End Its Brief Decline Beyond 143.00, Focuses on BoJ’s Policy

EUR/JPY perceived a strong support near 143.00 following a shy decline during the early Tokyo trading period. Recently, the pair experienced a sharp decline after it was unable to recover a key resistance of 144.47. It was anticipated that the pair will attract a lot of selling, following its fall below last week’s depth of […]

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Business

AUD/USD Focuses on $0.7000 Level During Minimal Dollar Downtrend

AUD/USD corrects from yesterday’s rebound from a week and a half deep. It then gained a foothold for two days straight today (Thursday). The gradual in-day uptrend continued during the European trading period. Subsequently, this took the spot price to a new daily height, near the 0.6975 area. The selling pressure that the USD faced […]

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Business

GBP/USD Experiencing Downtrend Focuses Annual Low

Beginning with the current economic downturn. This resulted in the UK’s recording a constant GDP in the first quarter of last year: 2021 yesterday. The United Kingdom Gross Domestic Profit correlates with the first prediction of a 0.8% Quarter on Quarter and 8.7% Year on Year. It is important to know that the anxiety of […]

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Business

AUD / USD Falls to Twenty-one Days Low, Focuses 0.6800

AUD / USD sellers applied some downward pressure on the pair for three days in a row. And, today the pair fell to 2-weel depth, close to 0.6865 few hours into the European trading period. The increasingly Poor world economic outlook keeps burdening the feeling of investors. Consequently, this reflects in the dominant careful mood […]

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Business

AUD / USD Focuses on 0.7000 During Risk-off Mood, and Australian Employment Data

AUD / USD gets to lower price levels around 0.7030, after its renews its 3-weeks low. Bad news from China combined with risk-avoiding moves supported the downward forces. This caused the AUD / USD to drop for 4-days straight. However, the AUD / USD pairs risk gauge losses can be related to rising anxieties of […]

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