Tag: Foreign Exchange Market

There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...

Atsushi Mimura, Japan's vice finance minister for international affairs and known as the country's 'top currency diplomat', is keeping a close eye on the yen carry trade. The finance ministry in Japan is responsible...