Forex News for 7th February 2023

February 7, 2023
  • USD/JPY: USD/JPY Soars on Reports of BOJ Deputy Governor as Next Governor.
  • EUR/USD: US Dollar Rebounds Despite Inflationary Concerns Following Jobs Report.
  • USD/CAD: The USD/CAD currency pair gained ground during Friday’s trading session after the jobs report was released.
  • AUD/USD: The Australian Dollar plummeted following explosive US non-farm payrolls (NFP) data that had boosted the US Dollar.
  • BTC/USD: Crypto Traders Keep Close Eye on BTC/USD as Market Volatility Persists
  • ETH/USD: Can expect a price rally with Visa’s large value payments
  • GBP/USD: Not enough momentum at the moment but can look for rallies to short
  • EUR/JPY: Buyers take the lead with bullish MACD signals
  • XAU/USD: A decline is expected with bears still in control.
  • EUR/GBP: The pair continue to move back and forth ahead of Eurozone sales data. 
Author Amsterdam