EUR/JPY remains below 184.00 as traders price in BoJ rate hike odds

EUR/JPY remains below 184.00 as traders price in BoJ rate hike odds

EUR/JPY moves little after registering modest losses in the previous trading day, hovering around 183.80 during the Asian hours on Monday. The currency cross may extend its decline as the Japanese Yen (JPY) strengthens on growing expectations that the Bank of Japan (BoJ) will tighten policy in April to counter rising inflation driven by higher […]

Australian Dollar softens on strong US jobs data, Middle East tensions

Australian Dollar softens on strong US jobs data, Middle East tensions

The AUD/USD pair extends the decline to near 0.6885 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) amid stronger-than-expected US employment data and ongoing geopolitical tensions in the Middle East. The US March ISM  Services Purchasing Managers Index (PMI) data will be the highlight later on […]