Abbot
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The Yen nears a six-month low, affected by the strong US Dollar
The USD/JPY pair remained near the 158.00 mark on Thursday, consolidating at levels last seen in mid-2024. Although the pair is no longer surging as it did earlier in the year, the fundamental preconditions for further growth persist. The yen continues to face significant downward pressure due to th
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A December to forget for the yen
As the global markets reopen have the New Years’ Day, Japanese markets are closed for a holiday. It’s a very light economic calendar today, with no Japanese releases and only one US tier event – unemployment claims. In the European session, USD/JPY is currently trading at 157.12, down 0.12% on the d
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أفضل شركة نظافة منزلية في المهندسين
شركات تنظيف منازل في المهندسين: الجودة والاحترافية في خدمتك أهمية خدمات تنظيف المنازل في المهندسين يشهد سكان المهندسين نمط حياة سريع ومزدحم، مما يجعل من الصعب تخصيص الوقت الكافي لتنظيف المنازل بشكل منتظم. لذلك، تأتي شركات تنظيف المنازل في المهندسين لتقدم حلاً مثالياً يوفر الجهد والوقت. توفر هذه الشر
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EURUSD outlook: Larger bears to consolidate before resuming lower, parity level coming in focus
EUR/USD EURUSD edges higher early Friday on a partial profit-taking at the end of the week, after the latest three-day acceleration pushed the price to the lowest levels in over two years. Larger bears are likely to take a breather above important support at 1.0200 (Fibo 61.8% retracement of 0.9535/
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Pound Sterling faces pressure against USD as investors assess US economic outlook
The Pound Sterling seems vulnerable near 1.2400 against the US Dollar as the Fed has signaled fewer interest rate cuts this year. Lower US Initial Jobless Claims have signaled an improvement in labor market conditions. The BoE is expected to cut interest rates by 60 bps this year. The Pound Sterling
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GBP/USD weakens to near 1.2500 on BoE dovish bets for 2025
GBP/USD remains weak near 1.2510 in Thursday’s Asian session. Fed officials projected they will make just two quarter-percentage-point rate reductions by the end of 2025. Dovish BoE bets and Trump’s tariff threats could undermine the GBP. The GBP/USD pair remains on the defensive around 1.2510 on Th
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PBOC Governor Pan: Room for lower rate
People's Bank of China (PBOC) Governor Pan Gongsheng said on Monday that compared to central banks in other major economies, this level still leaves room for monetary policy adjustment. Key quotes Monetary policy adjustments should be intensified. The average deposit reserve ratio for Chinese banks
Pull-up Update