Forex

The USD/JPY pair has pulled back to 156.50 after hitting multi-month highs following weaker US PCE data.
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GBPUSD has recently broken higher, with the next key target area identified between 1.2596 and 1.26147. This development was reported by ForexLive.
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The US Dollar started strong but later lost ground against other major currencies. The EUR/USD, USD/JPY, and AUD/USD pairs were closely watched by traders. Technical analysis…
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The USD/CAD pair remains stable as traders await the release of retail sales data. Investors are closely monitoring the upcoming economic report for any potential impact on the…
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The US dollar has experienced a significant drop, losing 50% of its gains for the week following remarks made by Austan Goolsbee. This sudden decrease in value has impacted the…
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The GBP/JPY price forecast took a hit as UK retail sales missed estimates. The slump in the currency pair was a direct result of the disappointing retail sales data in the UK. This…
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The EUR/GBP currency pair has rebounded from its support level, while the EUR/JPY and USD/JPY pairs have seen their rallies pause. This comes as the market continues to navigate…
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The USD/CHF pair has slightly pulled back from a 5-month low, but the MACD oscillator is continuing its positive movement.
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The NZDUSD price is expected to continue its decline, as forecasted today on December 20, 2024. The New Zealand Dollar is anticipated to weaken further against the US Dollar in the…
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German consumer price index (CPI) and trade data have provided support for the Euro in the foreign exchange market. The Euro has been strengthened against major currencies like the…
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