The European Union (EU) faces significant challenges in meeting the ambitious goals outlined in its Critical Raw Materials Act (CRMA), which aims to boost domestic production of critical minerals and
The Japanese yen weakened further on Thursday, with the USDJPY pair climbing to its highest levels in 38 years, surpassing thresholds that traders anticipated would prompt intervention from the Japanese
Most Asian currencies remained stable on Thursday as investors largely favored the dollar, anticipating key U.S. economic data. Attention was primarily focused on potential government intervention in the Japanese yen,
Most Asian currencies were under pressure on Monday as the U.S. dollar maintained near two-month highs. The Japanese yen's weakness, in particular, prompted concerns over possible intervention by Tokyo. Additionally,
In today’s Asian trading session, gold prices remained under pressure, trading below the $2,300 mark. This comes after a week of significant losses fueled by fears of sustained high U.S.
During Asian trading hours, the Australian Dollar gained ground against the US Dollar, trading above the 0.6500 level. This movement reflects investor confidence in the Australian currency amidst a lack
In the Asian trading session, the US Dollar appreciated against the Japanese Yen, trading above the 157.000 level. Market Context: Earlier today, Japan released its Q1 2024 GDP data, which
In the Asian trading session, the British Pound held steady against the US Dollar, trading around the 1.2700 level. Market Context: The UK is not set to release any significant
In the Asian trading session, the euro traded lower against the US Dollar, hovering below the 1.0760 level. Market Context: The Eurozone is not scheduled to release any significant economic
DXY (US Dollar Index): Potential Direction: Bearish Overall momentum of the chart: Bearish Price could potentially make a bearish reaction off pivot and drop to 1st support. Pivot: 105.57 Supporting