The USDJPY currency pair has plummeted to fresh lows, sending ripples through the foreign exchange market and raising concerns among traders. The pair’s descent has brought it dangerously close to a key swing area between 147.20 and 147.338, a level that holds significant historical and technical importance. This dramatic fall …
Read More »Crushing Forex: US Dollar’s Fate After CPI
The US dollar’s trajectory remains a key focus for investors globally, with upcoming Consumer Price Index (CPI) data poised to significantly influence Federal Reserve policy and, consequently, the performance of major currency pairs like GBP/USD and EUR/USD. This article delves deep into the current market dynamics, analyzing the potential impact …
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