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About: josephine

Recent Posts by josephine

USD/JPY Skids Below 161 on Suspected Japan Intervention, Rebound Faces 162.45 Resistance

USD/JPY broke 161.80 support, briefly hit 160.62, rebounded; intervention fears and oversold conditions cap gains.

India’s FX reserves slip $5.66bn as RBI reportedly leans against rupee weakness near 85

India’s forex reserves fell $5.66bn to $666.93bn, signaling RBI intervention to cap USD/INR.

Wells Fargo Sees Canada Jobs Market Stabilising as Bank of Canada Holds, Keeping USD/CAD Range-Bound

Canada’s labour market is soft but stabilising; BoC likely on hold, keeping USD/CAD range-bound, volatility low.

Gold rebounds from $3,900 support but faces $4,300 trendline and looming moving-average resistance

Gold rebounds from $3,900 support but faces $4,300 trendline and stiff 50/200-DMA resistance ahead.

Softer US jobs data drags dollar lower, lifts yen as Fed hike bets ease

Softer US jobs data reduced Fed hike bets, pushing dollar down, lifting yen amid intervention speculation.

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