The GBP/JPY is getting knocked around in a tug-of-war as the softening Pound Sterling (GBP) gets stuck in place against the Japanese Yen (JPY), and the GBP/JPY sees a rough intraday range between 185.80 and 185.20.
Blogs
AUD/USD clings to gains amidst mixed US data, hovers around the 200-DMA
AUD/USD trims losses attained during the previous two days, though it remains at the brisk of extending the downtrend, as the pair struggles to break a key resistance technical level and post gains of more than 0.40%.
USD/CHF sees a dip to 0.8730 as US Dollar softens after ADP Employment Change miss
The USD/CHF shed a little over a tenth of a percent from Wednesday’s peak bids of 0.8760 before a pullback towards the day’s opening prices in the American market session.
Silver Price Analysis: XAG/USD sees losses after soft ADP Employment figures, USD steady
The XAG/USD declined to the $24.05 level on Wednesday, trading with mild losses.
United States EIA Crude Oil Stocks Change came in at -4.632M, below expectations (-2.267M) in December 1
United States EIA Crude Oil Stocks Change came in at -4.632M, below expectations (-2.267M) in December 1
Canada BoC Interest Rate Decision in line with expectations (5%)
Canada BoC Interest Rate Decision in line with expectations (5%)
Canada Ivey Purchasing Managers Index s.a above forecasts (54.2) in November: Actual (54.7)
Canada Ivey Purchasing Managers Index s.a above forecasts (54.2) in November: Actual (54.7)
Slowing Economy Keeps Bank of Canada On Hold in December
<p><img width="612" height="405" src="https://www.actionforex.com/wp-content/uploads/2023/04/f-can64.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/
US Private Sector Slowed Hiring, ADP Says
<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-job11.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>ADP reported a 103k increase in new private sector
Dow Jones is Close to a Peak
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-stocks62.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/12/f-stocks62.j