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USD/JPY Price Outlook: Moves sideways above 147.00 before important US-Japan events

USD/JPY Price Outlook: Moves sideways above 147.00 before important US-Japan events

USD/JPY surpasses 147.00 as market anticipates Flash US S&P Global PMI and Japan’s national CPI data. Investors are looking forward to Powell’s address at the Jackson Hole Symposium for insights into future monetary policy. The pair has closed close to the 20-day EMA in recent weeks. The USD/JPY pair is trading within a narrow range, […]

Gold Price Outlook: XAU/USD nears important resistance near $3,330

Gold Price Outlook: XAU/USD nears important resistance near $3,330

Gold recovers some of its losses after a two-day downturn, but the overall trend is still downward. Investor caution and reduced geopolitical optimism following a sell-off on Wall Street help precious metals rebound. Xau/USD nears $3,335, sitting at the upper boundary of a descending wedge pattern. On Wednesday, gold (Xau/USD) managed to recover some losses, […]

The key highlights from Trump’s important meeting with Zelenskyy and European leaders

The key highlights from Trump's important meeting with Zelenskyy and European leaders

After his meeting with Russian President Vladimir Putin in Alaska last week, President Donald Trump emphasized a “very good meeting” with Ukrainian President Volodymyr Zelensky and other European leaders during a White House gathering on Monday. Trump, aiming to address the ongoing violence in Eastern Europe, described the multilateral conference as a promising beginning to […]

GBP/USD weakens before a week full of important data

GBP/USD weakens before a week full of important data

GBP/USD declined on Monday, dropping 0.4% as the trading week began. The dollar saw a rebound after significant losses last week. This week’s quiet start will give way to important data releases and policy statements. GBP/USD kicked off a softer trading week, easing by about a quarter of a percent in the opening session. The […]