About: josephine
Recent Posts by josephine
USDJPY Holds Firm as Yen Pressure Persists
Key Points USDJPY traded near 162.30 on Tuesday as the yen remained under pressure against the US dollar. The pair stayed close to recent highs after the yen gave back most of its earlier gains. Traders remained alert to possible intervention from Japanese authorities, while the currency continued to hover near its weakest levels in Continue Reading
Malaysia Q2 GDP Beats Forecasts as Ringgit Holds Range; Rate Steady, Oil and AI Exports in Focus
Malaysia Q2 GDP beats forecasts; BNM seen steady as USD/MYR range-bound; traders eye options, swaps hedges.
USD/SGD Holds in Tight Range as UOB Flags 1.2900–1.2930 Band, 1.2860 Break Risk
USD/SGD stays range-bound near 1.2920; UOB sees no signal, targets 1.2900–1.2930 and 1.2860 break risk.
What Does a Dragonfly Doji Mean?
The dragonfly doji is a key candlestick pattern. Learn what it signals, how it differs from the gravestone doji, and how to read it responsibly.
Why Did Gold Rise After US CPI Data? Inflation Cools But Fed Outlook Remains Uncertain
Key Takeaways: US Inflation Cools: Why Did Markets React Positively? Gold prices moved higher and the US dollar weakened following the latest US CPI release as inflation showed signs of cooling, reducing expectations for further Federal Reserve tightening. The July CPI report showed headline inflation falling 0.4% month-on-month, compared with market expectations of a 0.1% Continue Reading
