Fed Interest Rate Decision Aftermath and Analysis on GBPJPY

Key Highlights British Pound suffered losses recently not only against the US Dollar, but also against the Japanese Yen. GBPJPY pair traded lower and looks set for more losses as there are many hurdles on the way up for the pair. In New Zealand, the RBNZ Interest Rate Decision was announced by the Reserve Bank of New Zealand in which the central bank made no changes in ...
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FOMC Minutes Aftermath, Dollar and Gold Reactions

Key Highlights US dollar declined to some extent, as the FOMC meeting minutes failed to live up to the expectation of the market. Euro and the British pound surged higher and traded close to 1.1420 and 1.5450 respectively. Japanese Merchandise Trade Balance Total released by the Ministry of Finance registered a lower than expected trade deficit with a reading of ¥-1,17...
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