Trading
Explore a wide range of markets with competitive pricing, deep liquidity, and advanced trading tools.
Learn More 
Platform
Trade seamlessly with TMGM's powerful platform, built for speed, precision, and a superior trading experience.
Learn More Trading Platform
Academy
Learn the fundamentals of trading with beginner-friendly resources, including guides, webinars, and market insights.
Learn More News & Analysis
Get real-time market updates and expert analysis to stay ahead of trading opportunities
Learn More News & Analysis
About
Learn what sets TMGM apart — our global presence, regulatory strength, and commitment to innovation in trading.
Learn More Why Choose TMGM
Sponsorship
Japanese Yen: Trading against US Dollar remains range-bound – UOB
USD/JPY closed near 157.82. Despite volatile price action, the pair ended little changed, according to UOB strategists Quek Ser Leang and Lee Sue Ann. They anticipate narrow intraday trading ranges in the short term. Over the 1–3 week horizon, they expect the Dollar to remain in a range-trading phase between 157.00 and 158.60.
157.82 close: Dollar expected to remain in tight ranges
"24-HOUR VIEW: Yesterday, we held the view that USD “is likely to trade between 157.55 and 158.05.” We underestimated the volatility as USD fluctuated between 157.63 and 158.34. USD closed little changed at 157.82 (-0.08%). We are not able to derive much from the price action. Today, USD could trade between 157.70 and 158.45."
"1-3 WEEKS VIEW: We continue to hold the same view as yesterday (28 Oct, spot at 157.85). As highlighted, USD “has likely entered a range-trading phase, and for the time being, we expect it to trade between 157.00 and 158.60.”"
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
POPULAR ARTICLES
1Equities: US futures under pressure from tech earnings - Deutsche Bank2Near YTD low: Euro holds against USD as US macro data and ECB policy update stay in focus3US PCE data awaited as Dow Jones futures advance4US Dollar: Gains stall despite hawkish Fed hold – DBS53.2% growth expected for US GDP in Q360.5567 YTD Low in Sight: NZD/USD Price Forecast as Pair Seeks Direction7Euro: Focus Turns to ECB Tone on France – ING81.4000: USD/CAD Price Forecast as Pair Trades Around This Level Within a Falling Wedge9Indian Rupee: US Dollar range intact as RBI maintains hawkish stance – Commerzbank
Get Started!
Sign up and access the Global Markets in less than 3 minutes
Connect With Us
Contacts
Phone: +61 2 8036 8388
Fax: +61 2 8036 8388
Email: support@tmgm.com
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved