The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.
USD/JPY appears to be in a stronger state if we look at price action over the last ten years. During this long period of time, the exchange rate has moved from the 75.00 handle in 2011 to the 111.0…
The Australia Dollar faced headwinds throughout the second quarter of 2021 as the Reserve Bank of Australia (RBA) offered a dovish forward guidance for monetary policy, with AUD/USD trading to a fr…
Much like the end of Q1, GBP/USD is closing Q2 on a rather sour note. The pair rejected 1.4240-50 yet again, making it look increasingly like a double top.
For quite some time, despite not making any headway, gold still looked poised for higher prices, but that outlook recently took a big hit at the June Fed meeting.
Even though countries representing over 70% of the world’s economy have set commitments to carbon neutrality, green stimulus funding is such a rare national privilege that it could disconnect G-7 nations from emerging-market realities.