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Washington Backs Down, Safe-Haven Assets Retreat

Right after Washington pulled back and called for renewed diplomacy, safe-haven assets also pulled back in sessions. Good news came in yesterday after the...

Washington, Tehran’s War Fails to Buoy Safe-Haven Currencies

As Washington and Tehran exchange threats, safe-haven assets in the forex market are still struggling to rally. Both the Japanese yen and Swiss franc...

Chinese Central Bank Cuts Reserve Requirements

The Chinese central bank announced that it would trim down a portion of deposits in commercial banks earlier this week. This means the required...

Yen Exchange Rate May Be in Trouble in 2020 | Wibest

The Japanese yen exchange rate is in deep waters this 2020 as the US and China settle the trade agreement. It’s as if the...

Japanese Yen Exchange Rate in Focus After Christmas

The safe-haven asset from the land of the rising sun steals the spotlight after the BOJ governor gave his speech. The Japanese yen exchange...

Japan Yen Sees Different Direction Last Week | Wibest

Last week, traders were left confused as the Japan yen recorded different results in forex sessions. Last week Friday was also the day when...

Japan Yen Steadies After Kuroda’s Speech this Friday

The Japan yen holds steady against the greenback after the Bank of Japan governor gave his speech earlier. According to Governor Haruhiko Kuroda, the...

US Federal Reserve Monetary Decision in Focus | Wibest

Forex traders take their time to digest the news from central banks and their decision about their monetary policies. Both the Bank of Japan...

Bank of China Skips Reverse Repos Again | Wibest

The People’s Bank of China or the PBOC continues to skip the reverse repos this Tuesday. Sources say that the decision aims to maintain...

Massive SoftBank Bailout Saves WeWork

WeWork received a rescue deal from SoftBank to pull away from a $1.5 billion payout. The Japanese tech giant will offer $5 billion of...

Weak Inflation Equals to Weak Japan Yen

The Japan yen fought a good fight last week’s Friday, but that doesn’t mean it gained altitude. On the contrary, it, unfortunately, fell against...

Japan Yen Struggles to Hold on to its Gains | Wibest

The Japan yen struggles to hold on to its ground in today’s sessions as other currencies gained altitude against it. Meanwhile, the yen’s futures...

German Recession Threatens the Euro | Wibestbroker

Upsetting data from the German exports report worried traders to its effect on the single currency. Fortunate for them, the results weren’t enough to...

US Dollar Bill Weakens After Trump’s Comment

The US dollar bill fell against other major currencies yesterday after Donald Trump’s comment revived trade war hopes. The US dollar index, or DXY, slipped...

Japan Yen Gains Hours After BOJ Statement | Wibest

The Japan yen regains strength in the latter half of yesterday’s trading sessions. The Bank of Japan’s governor Haruhiko Kuroda comment about the monetary...