Tag: Exchange Rate

Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to pay attention to today, especially since USD/JPY has increased by...

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains neutral. The currency pair is expected to find strong support...

The recent fluctuations in the value of the Japanese yen have caught the attention of many financial observers. The Bank of Japan's suspected interventions in the currency markets on July 11th, 12th, and 17th...

In September 1985, during Ronald Reagan's second term as president, finance ministers and central bankers from major countries met at the Plaza Hotel in New York. The main agenda was to discuss ways to...

The AUD/USD pair is on the rise, approaching 0.6552 on Monday. This comes after the Australian dollar experienced a 3% decline against the USD in the past two weeks, mainly due to a global...