
GBP/JPY in the Bull's Grip: Will BoJ's Cautious Stance Fuel the Rally?
Feb 19, 2025 11:40 am UTC| Technicals
The GBP/JPYtrades in a narrow range between 190.63 and 192.19 for the past two days. It hit an intraday high of 191.74 and is currently trading around 191.42. Intraday trend is bullish as long as support 188 holds. BoJs...

FxWirePro: USD/CNY rises as Yuan falls on Trump’s tariff proposals
Feb 19, 2025 11:12 am UTC| Technicals
USD/CNY rose on Wednesday as Chinas yuan weakened following the announcement of new tariff plans from US President Donald Trump. Trump told reporters on Tuesday that tariffs on pharmaceuticals and semiconductor chips...

FxWirePro: GBP/USD pulls back after initial gains as dollar firms on global developments
Feb 19, 2025 10:45 am UTC| Technicals
GBP/USD initially rose but lost ground as the dollar strengthened, with traders focusing on Ukraine ceasefire talks and U.S. President Trumps latest tariff threats. Trumps administration said Tuesday it agreed to more...

FxWirePro: USD/JPY declines as BOJ Member's remarks boost rate hike expectations
Feb 19, 2025 10:12 am UTC| Technicals
USD/JPY fell on Wednesday as the yen strengthened following remarks from a BOJ board member supported expectations of a rate hike. BOJ board member Hajime Takata said on Wednesday that interest rates must rise to...

FXWirePro: AUD/USD consolidating around 0.6360, room for further gains
Feb 19, 2025 06:18 am UTC| Technicals
AUD/USD gained ground on Wednesday as the dollar weakened ahead of the FOMC meeting minutes. The minutes will be closely watched for comments on the impact of higher U.S. tariffs on inflation and spending. On the...

FxWirePro: NZD/USD climbs as RBNZ cuts rates and signals further easing
Feb 19, 2025 05:30 am UTC| Technicals
NZD/USD bounced on Wednesday after New Zealands central bank cuts rates by 50bps and signalled further easing to support a weak economy. New Zealands central bank reduced its benchmark rate by 0.5% to 3.75% on...