EUR/JPY Price Forecast: Remains above 183.50 to test nine-day EMA barrier

EUR/JPY extends its gains for the second consecutive day, trading around 183.60 during the Asian hours on Wednesday. The technical analysis of the daily chart suggests the currency cross moves sideways within the ascending triangle pattern, reflecting buying pressure.

UAE is willing to join US for force Hormuz reopen – WSJ

A report from the Wall Street Journal (WSJ) released in Asian trading hours on Wednesday showed that the United Arab Emirates (UAE) is willing to join the United States (US) and other allies for a forceful reopening of the Strait of Hormuz, a passage to almost 20% of the global energy supply, accord