Tag - jpy - japanese yen

Find out the market performance for today

This Tuesday gives an interesting Forex market layout with a weak USD, strong GBP, disappointed oil, and skyrocketing gold price.

OPEC+ is almost done with the big output cut, but the oil price doesn't like it enough.

GBP/JPY has formed a higher low, retraced 50% of the February-March decline, closed above 134.40 on Wednesday and is trading above the March high.

Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.

Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU

AUD looks stronger, RBA keeps the rate steady. How positive is the picture?

The virus situation keeps improving slowly but steadily; nevertheless, investors are still concerned with the larger scope of economic consequences: USD slides down, JPY weak, gold rises.

The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.

Global coronavirus cases have surpassed 1 million, US unemployment claims have doubled, oil has soared, and NFP will come out in a few hours. Watch the video and learn more about the market!

USD is almost the only currency showing confidence in Forex on April 2, currencies of developing economies losing ground, WTI oil slightly up from $20

USD/JPY has declined from 111.70 and went into consolidation around 107.50.