Yen Remains Weak as BoJ Remains Dovish
Last week, the Japanese Yen lagged behind other top currencies, which aided to preserve the GBP/JPY exchange rate at the six-year peaks recorded in early October. However, a section of analysts predict that Sterling will not be able to maintain
Read MoreYen Strengthens on Currency Market Intervention by Japan
On Thursday, the Japanese Yen surged against all other currencies after allegations that the administration in Tokyo had interfered in the Forex market to halt losses in a currency that had been subjected to attack from speculative traders for the
Read MorePound Sterling Stumbles as UK Economy Remains Rudderless
Investors judged that Prime Minister Lizz Truss has not done enough to restore trust in UK assets, resulting in a decline in the value of the British Pound heading into the weekend. Due to “present market problems,” Prime Minister Liz
Read MoreCanadian Dollar Outlook Remains Weak Despite Solid Labour Market Data
The Canadian Dollar rose as the Canadian economy broke a trend of negative employment statistics in September by adding 21,100 jobs; nevertheless, some experts caution that the result was hardly a “home run.” This was above the consensus estimate of
Read MorePound Strengthens On Unexpected GDP Growth Data
The British Pound seems poised to reach the end of the month on a stronger footing, having recorded gains versus the Euro, Dollar, and the majority of other currencies during the last week. The rebound from the substantial lows recorded
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