Tag: Currency market analysis

Dollar Risk: Fed Confirms Rate Cuts, Medium-Term Downtrend Resumes Last week, Federal Reserve Chair Jerome Powell delivered a highly anticipated speech at the Jackson Hole Symposium, reassuring market participants that the time for easing monetary...

The Asia-Pacific Forex market has been buzzing with activity, with a range of developments impacting major currency pairs. Let's delve into the latest updates and insights shaping the USD/JPY pair and other significant movements...

The US Dollar Hits Session Lows in Forex Trading The US dollar has experienced a significant drop in value during recent forex trading sessions. This decline has caught the attention of investors and traders alike,...

EUR/USD Forecast: Mid-Day Analysis and Outlook for Traders In the fast-paced world of forex trading, the EUR/USD pair has caught the attention of traders once again. Let's dive into the mid-day analysis and outlook for...

GBPJPY Price Forecast: Will GBPJPY Break Above 192.00? In recent days, the GBPJPY pair has shown signs of a potential bullish trend, bouncing off the uptrend line and currently hovering near the 192.00 mark. This...

US Dollar Index (DXY) Surges Amid Trump's BRICS Warning and French Uncertainty - Action Forex The US Dollar Index (DXY) is making headlines once again as it surged following comments made by President Elect Donald...

The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's GDP report. Currently, USD/CAD is trading at 1.4005, showing a...

The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...

The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and Flash Services PMI for Germany and France fell below the...

The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...