Japan's Finance Minister, Katsunobu Kato, discusses the impact of forex on the economy and import costs. Learn more about the potential government response.
Japan's Finance Minister, Katsunobu Kato, discusses the impact of forex on the economy and import costs. Learn more about the potential government response.
AUD/JPY remains tepid, trading around 93.00. Technical analysis indicates a descending channel pattern, with key levels to watch for potential breakouts.
The EUR/USD currency pair has risen as the US Dollar has declined in today's trading session. The US Dollar Index has fallen to near 106.90, while the EUR/USD pair has risen to near 1.0450.
Major currency pairs turn quiet early Thursday as investors move to the sidelines ahead of key macroeconomic data releases. Later in the European session, Germany's Destatis will publish preliminary Consumer Price Index (CPI) data for August and the US Bu
The Dollar Index has been coming off sharply and a break below 101 can drag it towards 100.5-99.5 in the medium term. Euro has surged past 1.11 and can test 1.1150/75-1.12 before possibly topping out.
EUR/USD maintains positive stance on the 4-hour chart, with a bullish RSI indicator. The first resistance level is seen in the 1.0900-1.0905 zone; the initial support level is located near 1.0860.