Less than a month ago, the rate was above 161 yen per US dollar. This week, it dropped below 142.5 yen (approximately -12%). The strengthening of the Japanese yen was driven by actions from the Bank of Japan and financial authorities: → Intervention to support the yen in mid-July; → An interest rate hike last […]
Key Highlights WTI Crude Oil price started a fresh decline from the $78.80 resistance. A connecting bearish trend line is forming with resistance at $72.80 on the 4-hour chart. Gold could aim for more gains above the $2,670 level. Bitcoin could accelerate higher if it settles above $66,500 and $67,000. WTI Crude Oil Price Technical […]
The post WTI Crude Oil Cut Back Gains: Will the Slide Continue? appeared first on Action Forex.
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