Forex

EUR/JPY is approaching the 162.00 level as a result of the European Central Bank's dovish stance and concerns about possible intervention. The weakening of the euro against the…
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The USD/JPY pair has bounced back above the ¥150 mark as traders anticipate the Bank of Japan to keep interest rates unchanged. The dollar has regained strength against the yen,…
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The GBP/USD price forecast is leaning towards the bears as long as it stays below the confluence at 1.3135. The current trend shows that the bears have the upper hand in the…
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The AUD/USD rebound could be brief, according to IG International. The recent uptick in the currency pair may not last long. Investors should be cautious as the AUD/USD may face…
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The USD/CAD pair has risen above 1.3800 as traders anticipate the Bank of Canada (BoC) to implement a 50 basis points rate cut. This move comes as market participants speculate on…
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The EUR/USD pair is currently trading above 1.0850 and is showing signs of a potential breakout from a descending channel. This development is teasing traders with the possibility…
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The British Pound is forecasted to fluctuate against the US Dollar and Japanese Yen in the upcoming period. Analysts at FOREX.com US are closely monitoring the GBP/USD and GBP/JPY…
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Technical analysis indicates that the EUR/GBP currency pair is reverting back to a downtrend. After a period of consolidation, the pair is showing signs of resuming its downward…
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The USD/CHF pair has retreated from its two-month high and is now trading flat around the mid-0.8600s. Traders are awaiting the release of US data which could potentially impact…
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The NZD/USD pair is trading flat above the mid-0.6000s following the release of Chinese data. The currency pair appears to be vulnerable near its two-month low.
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