Key insights from the week that was. Beginning in Australia, the RBA March Minutes revealed important developments in the considerations for, and operational framework around, monetary policy. On the former, it appears the RBA Board did not discuss the case for a rate hike in March, focusing solely on the case to remain on hold. […]
Key Highlights USD/JPY struggled to continue higher above the 150.15 level. A connecting bearish trend line is forming with resistance at 150.00 on the 4-hour chart. GBP/USD could gain pace for a move above the 1.3000 resistance. Gold surged to another record high above the $3,040 zone. USD/JPY Technical Analysis The US Dollar declined heavily […]
The post USD/JPY Faces Obstacles on The Path Higher appeared first on Action Forex.
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