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About: anakin

Recent Posts by anakin

Potential advancement of USD/JPY faces resistance at 146.55 due to overbought market conditions

USD rally faces resistance at 146.55; overbought conditions signal potential pullback with strong support at 143.90.

Barr expressed the need for caution due to uncertainty impacting inflation and growth risks

Strong growth persists, but trade uncertainties and tariffs raise inflation risks, prompting a cautious economic approach.

The Pound Sterling excels against most currencies, benefiting from a US-UK trade agreement and BoE guidance

Pound strengthens, supported by US-UK trade deal and BoE rate cut; economic outlook slightly improves.

Barr stated that monetary policy can adapt, while tariffs may raise inflation and unemployment risks

Tariffs create economic uncertainty, pressuring inflation and growth; the Federal Reserve remains vigilant and adaptable.

Following a falling wedge breakout, the USD/CAD pair improves near 1.3920 as USD gains strength

USD/CAD rises as US Dollar strengthens on Fed stance and trade optimism; eyes set on 1.4000 breakout.

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