Forex

The US dollar is showing strength against major currencies like the euro and the Japanese yen, thanks to the US economic exceptionalism. The EUR/USD and USD/JPY pairs are…
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The GBP/USD pair has moved up to the 1.3025 area due to a weaker US dollar. However, gains have been limited by bets on a potential rate cut by the Bank of England.
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The AUD/USD and GBP/USD pairs have found temporary support, while the EUR/JPY pair continues to trade within a range. The AUD/USD and GBP/USD pairs have stabilized at their current…
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The USD/CAD pair is currently testing the key level of 1.3800 as it looks to return to its ascending channel. This move comes after a period of consolidation and could signal a…
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The Euro extended its sharp drop to a three-month low against the US Dollar as the European Central Bank (ECB) lowered interest rates. This caused the EUR/USD pair to decline…
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The GBPJPY did not confirm the breach as forecasted today on October 15, 2024. The currency pair's movement failed to align with the predicted outcome.
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The outlook for EUR/GBP is mixed as selling pressure increases and the 20-day SMA rejects buyers. This suggests that there is uncertainty in the market and that the currency pair…
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The USD/CHF price prediction shows a classic bullish trend in play. The currency pair has been following textbook patterns, indicating a potential upward movement in the near…
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The New Zealand Dollar (NZD) against the US Dollar (USD) is expected to continue its downward trend, according to UOB Group. The currency pair is likely to decline further in the…
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The European Central Bank (ECB) has decided to cut interest rates by 25 basis points, affecting the EUR/JPY forecast. This decision may impact the exchange rate between the euro…
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