Forex

Nikkei 225 index analysis after the BoJ yield curve control tweak
July 28, 2023 01:30 PM AEST| By InvezzThe Nikkei 225 index and the USD/JPY rate retreated by more than 2.5% on Friday after the Bank of Japan (BoJ) delivered its interest rate decision. Nikkei, which tracks the biggest companies in Japan, dropped to ¥32,102, which was lower than thi...

USD/JPY forecast: signals and scenarios ahead of the BoJ decision
July 28, 2023 06:53 AM AEST| By InvezzThe USD/JPY exchange rate drifted downwards after the strong US GDP data and the Federal Reserve decision. The pair retreated to a low of 138.85 even as the US dollar index (DXY) jumped by almost a percentage point. Bank of Japan decision The USD/JPY...

EUR/USD forecast: forex signal ahead of US PCE inflation data
July 28, 2023 03:38 AM AEST| By InvezzThe EUR/USD exchange rate plunged to the lowest level since July 11th as the market reflected on the latest US GDP data and a statement by the European Central Bank (ECB). The pair declined to a low of 1.0985 on Friday, much lower than this monthR...

USD/TRY: Lira on the verge after the new Turkish inflation warning
July 27, 2023 08:09 PM AEST| By InvezzThe USD/TRY exchange rate is still sitting at its all-time high as concerns about the Turkish economy continued. The USD to Turkish lira exchange rate rose was trading at 26.95, which was slightly lower than its record high of 27.25. Turkey inf...
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