Can Japan’s upper house election tip the scales for the Yen?

Can Japan’s upper house election tip the scales for the Yen?
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Can Japan’s upper house election tip the scales for the Yen?
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By RoboForex Analytical Department The EUR/USD pair soared to 1.1801 on Wednesday, marking its ninth consecutive day of gains. The US dollar remains under heavy pressure due to expectations of a dovish shift in Federal Reserve policy and growing concerns over President Donald Trump’s fiscal strategy. Fed maintains cautious stance while fiscal worries mount On…
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Forex news trading is an exciting yet risky approach that many traders use to capitalize on sudden market movements. High-impact news events create strong volatility, which leads to rapid price swings in currency pairs. Traders who understand how to navigate these moments can take advantage of profitable opportunities. Forex trading strategies designed for news events…
Daily Pivots: (S1) 1.1546; (P) 1.1575; (R1) 1.1627; More…. EUR/USD’s extended rally and break of 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) now suggests that whole decline from 1.2081 high has completed at 1.1408. The is also supported by the strong break of 55 D EMA. Intraday bias is back on…
This evening session’s tone remains light with a few, non-market moving events. NZD traders should still pay attention to the Consumer Confidence surveys releasing in the evening (Particularly the NZIER releasing very soon.) In Tuesday’s session, Europe opens with German Factory Orders (02:00 ET) and multiple ECB speeches from Nagel and Lagarde. The ECB president…
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