Tag - jpy - japanese yen

Traders Focusing on NFP
Traders Focusing on NFP

Asian equity markets failed to sustain the positive tone from Wall Street where all major indices notched gains as technology sector outperformed for another day.

Rising Cases Of COVID Increase Uncertainty
Rising Cases Of COVID Increase Uncertainty

European stock markets traded mixed early Thursday, with strong industrial data supporting the German market while the Bank of England kept monetary policy unchanged, offering up a more pessimistic outlook.

Main market movements on July 30
Main market movements on July 30

The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.

EUR/JPY: 123.70 awaits
EUR/JPY: 123.70 awaits

EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.

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