Ex-Japan’s FX interventionist: Current weak yen is detrimental to the economy

Takehiko Nakao, a former Japanese Vice Finance Minister for International Affairs, warned in a statement on Thursday, the current weak yen is detrimental to the economy.

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Jun 23, 2022

AUDUSD extends losses towards key 0.6855 support amid cautious mood

AUDUSD is trading close to 0.6900, having failed to sustain the tepid bounce near the 0.6930 region. The US dollar is seeing a fresh demand on the ret

EUR/USD Price Analysis: A range expansion looks likely above 1.0600

The EUR/USD pair is displaying a sideways move after a minor correction from the round-level resistance of 1.0600. On a broader note, the asset is auc