Category forex

Yen Weakening Expected To Continue

Japan's yen is likely to remain weak The Japanese yen is expected to continue weakening due to various economic factors. The environment for a weaker yen currency looks set to persist for a bit longer, with the USD/JPY recovering back to test the 160 mark.

Pound Rises Against Weaker Dollar

GBP/USD pair trades above 1.3400 mark The GBP/USD pair has attracted dip-buyers, sponsored by a softer US Dollar. The uptick is limited by persistent geopolitical uncertainties. Renewed hostilities in the Gulf and a lack of progress in US-Iran diplomatic ne