Waiting Continues, Impact of Crude Oil Highs – USD/JPY Firmly at 147 Yen

As we approach the release of the results of tomorrow’s FOMC meeting, the early part of the week is likely to continue with a wait-and-see stance. USD/JPY has risen into the 147 yen range, and trading is consolidating in this range amid mixed buying and selling. One notable development is the rise in crude oil […]

The Australian and Canadian dollars weakened along with the strong yen pressure and a series of deteriorating economic indicators in various countries.

Amidst yen strength, the Australian dollar and Canadian dollar have been weak due to a series of deteriorating economic indicators in various countries. During the London session, the Australian dollar and Canadian dollar continued to exhibit soft price movements. Today, a series of European non-manufacturing PMI data, including China’s Caixin Services PMI, Sweden, Spain, Italy, […]