SniperFx

USD/JPY maintains stability as the Bank of Japan (BoJ) adopts a cautious stance to ensure accommodative monetary conditions. Tokyo’s Consumer Price Index (CPI) for March increased by 2.6% year-over-year, slightly…

News
Stocks

AMC Entertainment Stock Plummets Nearly 16% Following New Dilution Event

March 30, 2024

AMC Entertainment faces a significant drop in its stock value after announcing plans to sell $250 million shares, aiming to alleviate its substantial debt burden. The cinema chain, burdened by…

March 30, 2024

In the US, inflation, measured by the change in Personal Consumption Expenditures (PCE) Price Index, rose to 2.5% annually in February, as reported by the US Bureau of Economic Analysis…

Forex
News

GBP/USD Shows Modest Gain Following US PCE Data

March 30, 2024

US inflation experienced a marginal uptick in February, reaching 2.5% annually, as indicated by the PCE Price Index, which aligns with expectations. This uptick from January’s 2.4% meets market forecasts,…

Crypto
News

Litecoin’s Hope for $200 Faces Challenges

March 30, 2024

Litecoin’s price grapples with a downtrend line for the third time in nearly two years, signalling potential hurdles ahead.A breach of the psychological $100 level might trigger a downward correction…

Bonds
News

USD/JPY Slips as US Core PCE Softens as Expected

March 30, 2024

USD/JPY Reacts Modestly to Latest US Economic Indicators The US Bureau of Economic Analysis (BEA) reports that Core PCE for February was below expectations, registering a 0.3% MoM increase, lower…

News
World

USD/CAD Tests Key Moving Average After PCE Data Release

March 30, 2024

The USD/CAD pair is currently hovering around the 1.3543 level, experiencing slight declines following earlier highs near 1.3560. The market is digesting the latest Personal Consumption Expenditures (PCE) data from…

News
Stocks

Soft Growth Expected to Persist for Months in S&P 500

March 30, 2024

The US stock market, particularly the S&P 500, has continued its upward trajectory, posting a significant 10.8% increase in the first quarter. This growth surpasses the average annual gain historically…

News

GBP/JPY Analysis: Trading Calmly Around 191.00 Amid Holiday Lull

March 30, 2024

The GBP/JPY pair maintains stability around the 191.00 level, with trading activity subdued due to the Easter holiday period. Technical indicators suggest the potential for movement in the pair, with…

Forex
News

EUR/JPY Analysis: Bears Make Their Presence Known, but Long-Term Bullish Trend Holds Strong

March 30, 2024

The current EUR/JPY trading scenario shows a subtle mix of bullish and bearish signals, indicating a delicate balance in market sentiment. On the daily chart, there’s a hint of bullish…

Archives

Categories

USD/JPY Holds Steady Around 151.40 Amid BoJ’s Cautious Monetary Policy Approach