Fundamental view: In the last week, Japan National Core CPI at 20th July, US President Trump Speech at 21st July created a bullish move for the pair whereas US Unemployment Claims at 23rd July and US Flash Manufacturing PMI at 24th July, US New Home Sales report at 24th July created a bearish trend for [...]
Fundamental view: Japan Monetary Policy Statement at Jul 15 supported yen and henceforth created bearish move for the pair whereas Unfavorable Japan Tertiary Industry Activity monthly report at Jul 13 and Philly Fed Manufacturing Index at Jul 16 acted as a catalyst for the uptrend of the pair. Reports like Revised Industrial Production of previous [...]
Fundamental view: The unfavorable news of Japan House spending yearly report created a bullish move for the pair whereas US Crude Oil Inventories at 8th July and US Core PPI report at 10th July 2020 acted as a catalyst for the downtrend move for dollar and boosted bearish move for the pair. Overall Japan showed [...]
Fundamental view: Consumer Confidence of US at 1st July 2020 created a bearish move for the pair whereas Unemployment rate and President Trump Speaks at 2nd July 2020 acted as a catalyst for the uptrend move for dollar and boosted bullish move for the pair. Japan’s manufacturing PMI report is favourable for yen but the [...]
