USD/JPY maintains in a bullish trend. USD/JPY reaches from the intraday high near 107.80 to 107.65 in the early trading session on Monday. Japan's Economy Minister Nishimura is about making an announcement that the lockdown will be lifted in Tokyo, Kanagawa, Hokkaido and Saitama. Also Japanese government is ready to provide another aid package worth [...]
A drop of 107.60 from 107.72 has resulted after BOJ’s inaction. The Monetary policy was left unchanged in the meeting hours after the emergency price review. Targeted aids for the small and mid-sized firms were extended. Like most central banks, there was no change in the short term interest rate and BOJ pledges to buy [...]
As the demand for the US dollar, AUD/USD is fast closing, it favors the short entries. The demand for the US dollar raises because of the US-China tensions escalations. President Trump accuses China of running a massive disinformation campaign and making the coronavirus spread all around the world. A downtrend for the pair increases also [...]
Consumer price index (which shows the cost of living) for the month of April in the UK is about to be released by Wednesday early. The inflation numbers will be the catalysts for the pair GBP/USD as it considers the survey period that includes the lockdown of the virus period. CPI inflation is expected to [...]
