AUDUSD looks to be in a uptrend, 67cents looks likely before any reversals may appear.
traders may consider shorting the EURUSD pair if they believe that the euro will weaken against the US dollar. Some reasons that could lead traders to this conclusion could include a stronger US economy compared to the Eurozone, political instability in the Eurozone, higher interest rates in the US compared to Europe, or any other fundamental or technical analysis...
EURJPY is a currency pair that represents the exchange rate between the Euro and the Japanese Yen. It is one of the most actively traded currency pairs in the forex market. The Eurozone economy faces challenges with low inflation and sluggish economic growth, while Japan struggles with a deflationary economy and low interest rates. The value of the EURJPY pair is...
Shorting AUDJPY means selling the Australian dollar (AUD) and buying the Japanese yen (JPY) with the expectation that the value of the AUD will decrease relative to the JPY. Factors that can affect the AUDJPY exchange rate include changes in interest rates set by the Reserve Bank of Australia (RBA) or the Bank of Japan (BoJ), economic indicators such as GDP,...
USDJPY is a commonly traded currency pair in the foreign exchange market, representing the exchange rate between the US dollar and the Japanese yen. The value of USDJPY can be affected by various economic and political factors, such as interest rates, inflation, trade balances, and geopolitical events. Traders and investors may analyze these factors and make...
The USD/JPY currency pair represents the exchange rate between the US dollar and the Japanese yen. As of April 19th, 2023, the USD/JPY is trading at 107.45, which means that one US dollar can be exchanged for 107.45 Japanese yen. This exchange rate is often influenced by a variety of factors, including economic data releases, monetary policy decisions by central...