USD/JPY wraps up Monday on the downside, testing 146.50

Share: The USD/JPY inverts currency flows as the Yen rises and the greenback steps down. The BoJ could be on track to reverse negative rates, sending JPY back up the charts. USD traders will be looking towards US CPI figures on Wednesday. The USD/JPY saw declines in one of the worst-closing trading days

Risk Reward Ratio MT4 Indicator

Are you a trader in the dynamic world of Forex? If so, you understand the significance of making informed decisions, where the potential gains justify the possible losses. This is where the Risk Reward Ratio MT4 Indicator steps in, empowering traders like you to assess and manage risk effectively while aiming for rewarding outcomes. In

Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter GOLD PRICE FORECAST Gold advanced on Monday on the back of a weaker U.S. dollar, but gains were limited as traders avoided taking large directional positions ahead of Wednesday’s U.S. inflation data, which

Adobe: Over 75% YTD Gains Prior To Q3 2023 Earnings Announcement

Adobe, Inc., an American software company founded in December 1982, is best known for its multimedia and creativity software products. It operates via three segments, namely Digital Media (creative cloud services which allow members to download and install products such as Adobe Photoshop, Adobe Illustrator, Adobe InDesign, etc), Digital Experience (which provides solutions, including analytics,

MUFG: UK labour report and US CPI could impact BOE hiking path and GBP

GBPUSD daily MUFG discusses the high possibility that this week’s UK labor report and the US CPI data could influence market expectations surrounding the Bank of England’s (BoE) rate hike. Recent statements from Governor Andrew Bailey and Chief Economist Huw Pill hint at a more dovish stance, which may affect the GBP’s performance in the

AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?

AUSTRALIAN DOLLAR OUTLOOK AUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weakness The greenback’s pullback appears to be driven by profit-taking after a strong bullish run since mid-July Looking ahead, the U.S. inflation report for August, to be released on Wednesday, will be the main focus of the currency markets. Trade Smarter