USD/JPY shows resilience around the 159.00 mark during the early European session on Monday. Iran has issued a warning regarding potential retaliation following the US’s action in seizing the ship. BoJ’s Ueda refrained from suggesting an April rate hike; Japanese authorities remain vigilant regarding potential FX intervention. The USD/JPY pair is currently positioned in positive … Read more
EUR/USD remains stable around 1.1540 during the early Asian session on Tuesday. Trump has reiterated the potential for assaults on critical infrastructure such as bridges and power plants. The US ISM Services PMI fell to 54.0 in March, underperforming relative to expectations. The EUR/USD pair remains stable at approximately 1.1540 in the early Asian session … Read more
USD/JPY has softened to approximately 154.35 during the early Asian session on Monday, reflecting a decline of 0.46%. Trump announced an increase in global tariffs from 10% to 15%. Soft inflation data from Japan may dampen expectations regarding potential interest rate increases by the Bank of Japan. The USD/JPY pair sees some selling pressure near … Read more
EUR/USD experienced a decline late Wednesday in the North American session, showing losses exceeding 0.30% as US President Donald Trump held back from his threats to impose tariffs on eight European nations amid discussions regarding Greenland. The EUR/USD pair experiences a decline of more than 0.30% following Trump’s decision to cancel the proposed tariffs associated … Read more