The currency pair has observed a modest uptick, positioned around 150.16 as the new week of February commences, rebounding after a brief two-day descent. This development underscores the persistent gap in the monetary stance between two of the world’s leading economies: the United States and Japan. The disparity in interest rates set by the US
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There aren’t any major expiries to take note of for the day. And as a caveat, please take the figures from Tuesday to Friday with tentative caution. I suspect the source for the future expiries are a little wonky so I will update them accordingly day by day instead. In any case, it works similar
There are a couple to take note of, as highlighted in bold.The ones for EUR/USD are layered between 1.0700 to 1.0800 with some right in the middle of that. It is likely to keep price action more contained at current levels especially, before the expiries roll off later in the day.Then, there is one for
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The pair has experienced a decline, settling at 1.0775 on Tuesday. This movement reflects a cautious market sentiment as investors recalibrate their expectations regarding the US Federal Reserve’s interest rate decisions. The consensus is that the Fed will maintain the interest rate at its current peak of 5.5% per annum in March, with potential adjustments
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not