Japanese yen falls back near 155.00 against USD due to fiscal worries
USD/JPY Pair Sees Slight Rise Amid Market Concerns The USD/JPY currency pair experienced a modest increase during Asian trading on Tuesday, continuing its recovery from the previous day’s dip to 154.00. Currently, it’s hovering just below the psychological threshold of 155.00, marking an uptick of nearly 0.15% for the day. However, the potential for further […]
The USD has dropped but is above its lowest point. What do the technical indicators suggest to traders?
The US dollar is experiencing a decline, though it’s not at its worst levels. Euro Dollar Technical Overview The Eurodollar gained traction during the Asian trading session, coming close to the 100-hour moving average value of 1.1799. However, the upward movement hit a wall near a significant resistance area. This resistance is in the range […]
EUR/USD rises from one-month low, targets mid-1.1800s with weaker USD
The EUR/USD pair seems poised for some upward movement as the new week begins, showing signs of recovery around the 1.1750-1.1740 level last Friday. This rise has lifted prices to the 1.1835 mark during the Asian session, aided by a notable drop in the US dollar. In the midst of a legal setback, President Trump […]
The USD has slightly declined following the Supreme Court ruling.
Market Reactions to Supreme Court Ruling After the Supreme Court’s ruling, the US dollar experienced a drop. The 6-3 decision negates the Trump administration’s IEEPA customs authority. This led to a sell-off as markets reacted to reduced tariff-related pressures. However, reactions have varied across different asset classes. In the US, yields have increased, rising approximately […]
Japanese Yen stays close to one-week low against USD due to fiscal worries
The USD/JPY exchange rate has picked up momentum for the second consecutive day, establishing a high not seen in over a week, around 155.35 on Thursday. Still, as trading began in Europe, the price dropped a bit and is now hovering just above the significant level of 155.00, showing an increase of nearly 0.20% for […]
Forex Today: USD holds onto weekly gains while markets remain vigilant about geopolitics
Here’s what you should know on Thursday, February 19th. The momentum for the United States dollar (USD) gained traction late Wednesday, largely due to the hawkish tone found in the minutes from the Federal Reserve’s January policy meeting. The US economic calendar also features data on December’s goods trade balance and the weekly new unemployment […]
Forex Update: USD strengthens following FOMC minutes, attention on ECB leadership succession
Here’s what you need to know on Thursday, February 19th. According to a report from the Financial Times, Christine Lagarde, the President of the European Central Bank (ECB), might step down sooner than expected, possibly before her retirement date in October 2027. This could give French President Emmanuel Macron a chance to influence who will […]
British Pound remains steady against USD as traders focus on UK data and FOMC minutes
The GBP/USD currency pair has begun the week on a relatively steady note, remaining in a tight range just below the $1.3600 mark during Asian trading hours. There’s a mixed economic backdrop that calls for a bit of caution among traders as they anticipate significant reports from both the UK and the US this week. […]
Autozi’s Major Shareholder Reveals Intention to Invest as Much as USD 30 Million in Share Buying at USD 5 Each, Confirming Trust in Future Expansion
Autozi Founder Plans Significant Stock Purchase Beijing, January 28, 2026 – Autozi (ticker: AZI), a prominent cloud-based supply chain platform provider for China’s automotive sector, has received a commitment letter for a capital increase from Dr. Zhang Houqi, the company’s founder and chairman. He intends to invest between $10 million and $30 million in Autozi […]
Ripple Price Update: XRP Charts Show Warning Signals Against USD and BTC
XRP Price Action Overview XRP remains under correction after a significant rise earlier in the month. While it has managed to stabilize beyond key demand levels against USDT, it hasn’t yet been able to reclaim a broader distribution zone. When looking at Bitcoin, XRP is still experiencing a structural downtrend. It briefly hit resistance but […]