Japanese yen weakens despite BoJ rate hike expectations

Introduction The Japanese Yen is once again at the center of the global forex market spotlight. As traders and investors prepare for a pivotal week filled with key economic events, the USDJPY currency pair faces heightened volatility. The convergence of the Bank of Japan’s monetary policy meeting and a series of critical U.S. economic data…

WTI crude oil could be getting exhausted from its climb, as the energy commodity formed a double top on its hourly chart. Can it break below the neckline soon? WTI Crude Oil 1-hour Forex Chart by TradingView An improving global trade outlook on the heels of agreements between the U.S. and the U.K. plus a…