Five reasons you should buy USD/JPY : BofA

Five reasons you should buy USD/JPY : BofA
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Five reasons you should buy USD/JPY : BofA
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An event to look out for today: 21:00 GMT+3. USD – Publication of the Fed meeting minutes EURUSD: EUR/USD is starting to lose bullish momentum and is trading close to 1.1120, breaking a three-day winning streak during the early European session on Wednesday. The cautious sentiment in the markets ahead of the release of the…
In the first half of 2024, Admirals Group AS reported increased trading revenues and positive EBITDA despite low market volatility. The Group’s net trading income rose by 4% to EUR 22.0 million, up from EUR 21.1 million in the same period of 2023. EBITDA Turns Positive Operating expenses for the Group decreased by 9%, totaling…
Oil prices swung sharply as Iran and the US played diplomatic phone tag, with reports of cancelled talks driving gains before confirmation of Friday talks in Oman sent crude back down. Posting this a catch up! Summary: Oil prices whipsawed on conflicting signals around Iran–US talks Crude jumped on reports Friday talks were off, then…
Come Into My Trading Room: A Complete Guide to Trading by Alexander Elder This briefing document reviews the key themes and important takeaways from the provided Amazon product description for Dr. Alexander Elder’s book, “Come Into My Trading Room: A Complete Guide to Trading.” Main Themes: Comprehensive Trading Education: The book aims to provide a…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
USD/JPY’s rebound last week suggests short term bottoming at 139.57. just ahead of 139.26 key fibonacci level. Initial bias remains mildly on the upside this week. Further rise would be seen to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 minor support will turn bias to the downside for retesting…