Forex News Economic Events Weekly May 13, 2025
The post Forex News Economic Events Weekly May 13, 2025 appeared first on NewsmovesmarketsForex.com.
The post Forex News Economic Events Weekly May 13, 2025 appeared first on NewsmovesmarketsForex.com.
Markets After the unjustified optimism on an ‘orderly’ end to the conflict between the US and Iran going into the weekend, markets at the start of the new week are facing again a lack of visibility on the next steps in the conflict. This a fortiori applies to the conditions and the nature of any…
Strategist explains why he is 'constructive but cautious' on British pound Source link
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AUDCAD reversed from resistance level 0.8980 Likely to fall to support level 0.8900 AUDCAD currency pair recently reversed down from the key resistance level 0.8980 (former support from the start of December) intersecting with the 38.2% Fibonacci correction of the downward impulse from last month. The downward reversal from the resistance level 0.8980 continues the…
2025.12.22 2025.12.22 Yen Sags As BoJ Rate Hike Goes Wrong. Forecast as of 22.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Ahead of the Bank of Japan’s December meeting, the yen strengthened amid expectations of an overnight rate hike. However, as soon as the BoJ raised its policy rate, the “buy the rumor, sell the news” principle came into play….
USD/JPY’s rebound from 139.57 extended to as high as 153.18 last week but formed a temporary top there and retreat. Initial bias remains neutral this week for consolidations first. Further rally is in favor as long as 151.18 minor support holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the…