Category: Forex Trading
USD/JPY Crosses The 114.00 Level As US Rates Increase
As equity prices and US rates rose, the Japanese Yen fell against the Dollar. The USD/JPY has broken over short-term resistance at 113.80 and is…
ECB Policymakers Urged More Awareness Of Inflation Risks
Reuters revealed that the European Central Bank (ECB) wanted Philip Lane, the ECB’s Senior Economist, to say that there were dangers of inflation going up…
GBP/USD Weekly Projected: Bulls Target 1.3380 As BOE Outperforms Fed, But Omicron Strengthens Bears
They claim the Fed indicates the BoE acts. This week, the “Old Lady” raised the cost of borrowing first among significant banks, boosting GBP/USD and…
What Drives the Dollar?
Traders in currency pairs know that exchange rates are not predictable in any straightforward way. In general it is true that if, for example, the…
USD/JPY Unifies Post-Fed Advances Upwards Of 114.00 Mark As Friday’s BoJ Session Approaches
The USD/JPY is stabilizing at just over 114.00 ahead of the Bank of Japan’s policy announcement on Friday, which is not likely to produce any…