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GBP/JPY spikes after dovish remarks by BoJ's Uchida, struggles to hold above 187.00 mark
The GBP/JPY cross catches aggressive bids during the Asian session on Wednesday and touches an intraday high, around the 187.25 region in reaction to dovish remarks from the Bank of Japan (BoJ) official.
Fxstreet
Aug 7, 2024
NZD/USD Price Analysis: Bulls take charge, still need to conquer 0.6000
On Tuesday, the NZD/USD pair extended its gains, rising by 0.35% to 0.5960 and the daily chart shows some favorable signs for the bulls, The daily chart shows that the Relative Strength Index (RSI) has climbed to 42, indicating a mounting buying pressure but the fact that it remains below 50 means that the selling pressure still dominates.
Fxstreet
Aug 6, 2024
USD/CAD: A move below 1.3790 to give the CAD more support – Scotiabank
The Canadian Dollar (CAD) was all too easily pushed around by the weakness in global stocks yesterday, falling through 1.39 briefly in Asian trade Monday before slowly regaining ground in thin North American trade, Scotiabank’s FX strategist Shaun Osborne notes.Fxstreet
Aug 6, 2024
