Tag: Foreign exchange trends

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USD/JPY Forecast: Breaks Key Support as BoJ Rate Hike Expectations Rise

The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...
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AUD/USD Weekly Analysis and Forecast – Action Forex

The AUD/USD pair continued its decline last week, falling from 0.6491. This week, the initial bias remains on the downside, with a target of 0.6421, which is the 61.8% projection of the move from...
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ForexLive European FX News Wrap: Dollar Momentum Cools at Week’s End

The dollar took a breather in European trading today after making strong gains earlier in the week. USD/JPY fell from around 156.20 to 155.21 before recovering to around 155.60. EUR/USD also rose from 1.0540...

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