Browsing Tag

GBPJPY

The Week Ahead: Bullish Hurdle

AUDUSD Stays High as Risk Appetite Grows After reaching a 23-month high, the Australian dollar’s bullish run sees no signs of exhaustion yet. The Trump administration’s banning of Chinese companies temporarily lifted the Sino-US…

The Week Ahead: Any Color But Green

USDCHF Slides After Weak Jobs Data A new presidential era might not be enough to turn the tide in favor of the US dollar. Actually, state-backed asset inflation has become business as usual. It would be economically and politically…

The Week Ahead: Where’s the Money?

EURCAD Retreats as Budget Hits Roadblock The euro came under pressure after the EU’s budget ran into a stalemate. Its approval which includes the 750 billion euro Recovery Fund has turned political after Hungary and Poland rejected…

GBPJPY Ascendancy Takes a Hit

GBPJPY lost its footing in recent months as it was projected to bounce back to pre-pandemic levels in September. However, a downturn at the back end of Q3 saw the pair flirt with yearly lows before an upsurge in the price. Exhaustion is…