Fundamental Analysis Category

November 23, 2023
Japanese Yen Gains on Soft Dollar, Fed Dovishness, and Bullish BoJ Outlook

Japanese Yen Gains on Soft Dollar, Fed Dovishness, and Bullish BoJ Outlook The Japanese Yen (JPY) has recently retreated from its strong gains against the US Dollar (USD), marking a second day of weakening on Wednesday. This shift comes after the US Federal Open Market Committee’s (FOMC) hawkish minutes and better-than-expected labor and consumer sentiment

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November 22, 2023
ECB Highlights Potential Stability Risks from Bank Taxation Impacting Valuations

ECB Highlights Potential Stability Risks from Bank Taxation Impacting Valuations The European Central Bank (ECB) recently expressed concerns about the potential risks to financial stability arising from special taxes imposed on banks. According to an ECB report released on Monday, these taxes could lead to tighter financing conditions across the region, exacerbated by the low

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November 20, 2023
Pimco Invests in Yen Anticipating Stricter BOJ Policies

Pimco Invests in Yen Anticipating Stricter BOJ Policies Pacific Investment Management Co. (Pimco) is strategically purchasing Japanese yen, speculating that Japan’s central bank may soon implement tighter monetary policies due to rising inflation. The investment firm took a bullish stance on the yen, building up a long position as the currency’s value dipped beyond 140

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November 17, 2023
Australian Dollar holds above key level before US housing data release

Australian Dollar holds above key level before US housing data release The Australian Dollar (AUD) continues to navigate through difficult market conditions, maintaining its stance above a significant threshold as it grapples with losses incurred on Friday. This comes in the wake of disappointing economic figures from the United States (US), which were publicized on

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November 16, 2023
Steady Growth in Australian Employment Accompanied by a Slight Rise in Unemployment Rates

Steady Growth in Australian Employment Accompanied by a Slight Rise in Unemployment Rates Despite a stronger-than-anticipated surge in employment for October, Australia has seen a slight uptick in its unemployment rate, suggesting that the Reserve Bank of Australia (RBA) may need to implement further measures to temper demand and curb inflationary pressures. The Australian economy

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