Browsing Category
Forex
EUR/USD, EUR/GBP try to hold above last week's lows while GBP/USD is under pressure – IG…
EUR/USD and EUR/GBP are attempting to stay above the lows from last week, while GBP/USD is facing downward pressure. This information comes from IG International.
Read More...
Read More...
USD/CHF – Flat Ahead of SNB Rate Decision
The Swiss franc saw little change on Wednesday, with USD/CHF trading at 0.8838, down 0.04% for the day. The Swiss National Bank's upcoming rate decision on Thursday has investors…
Read More...
Read More...
NZD/USD jumps to 0.6150 as New Zealand exits recession
The NZD/USD pair is seeing an uptick around 0.6145 following the release of New Zealand's GDP data on Thursday. New Zealand's economy grew by 0.2% quarter-on-quarter in Q1,…
Read More...
Read More...
EUR/JPY, EUR/USD Triangles Continue to Develop Downside Potential
DailyFX.com reports that short-term technical indicators are indicating potential downside for various EUR-crosses. The EURJPY and EURUSD triangles are showing signs of favoring…
Read More...
Read More...
USD/JPY Forecast: Eyes on BoJ Commentary Amid Weaker Japanese Yen Concerns
Economists predict that the Philly Fed Manufacturing Index will stay steady at 4.5. A drop in the Index could raise concerns about a possible hard landing for the US economy,…
Read More...
Read More...
GBP/USD finds a foothold ahead of BoE’s upcoming rate call
GBP/USD rose above 1.2700 in quiet Wednesday trading as GBP traders prepare for the Bank of England's (BoE) upcoming announcement. The BoE is expected to keep interest rates steady…
Read More...
Read More...
Hawkish Fed And RBA (Chart)
The AUD/USD pair saw a sharp uptrend following a hawkish statement by the Reserve Bank of Australia (RBA). The pair rose to 0.6500 after the RBA left interest rates unchanged at…
Read More...
Read More...
USD/CAD trades stronger above 1.3700 on the modest rebound of US Dollar
The USD/CAD pair is trading near 1.3710 in early Asian session on Thursday, marking a slight uptick after a four-day decline. The US Dollar is seeing a modest recovery, but…
Read More...
Read More...
Sterling steady ahead of BoE decision; dollar wobbles against yen
On Thursday, the British pound remained stable ahead of the Bank of England's rate decision later in the day. The dollar was weaker as it awaited new market developments, with…
Read More...
Read More...
GBP/JPY Weekly Price Forecast – British Pound Continues to Hover at ¥150
The British pound showed a significant rally during the trading week, but struggled to hold above the ¥150 level. This indicates potential difficulties in terms of directionality…
Read More...
Read More...