Tag: Currency market analysis

Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to pay attention to today, especially since USD/JPY has increased by...

In a recent speech, BoJ Board Member Seiji Adachi discussed the current state of Japan's economy and the potential for beginning to ease its ultra-loose monetary policy. Adachi pointed out the positive indicators such...

EUR/USD has seen a decline below the 1.1000 support zone recently. A bearish trend line is forming with resistance at 1.0945 on the 4-hour chart. The pair started its decline from the 1.1200 resistance...

Japanese Prime Minister Ishiba recently made it clear that he will not interfere with the Bank of Japan's monetary policy decisions. He emphasized the importance of avoiding any vocal intervention or the appearance of...

The NZD/USD pair has recently hit a seven-week low at 0.6091 due to ongoing sell-off pressure. This decline is mainly linked to the Reserve Bank of New Zealand's (RBNZ) decision to lower interest rates...

EUR/USD Weekly Forecast: Comprehensive Analysis and Future Projections The EUR/USD pair experienced a significant rebound last week, indicating that the correction from 1.1200 may have reached its conclusion at 1.1001. This development suggests that the...

Forexlive Americas FX News Wrap September 20: USD Ends the Week Mostly Up The end of the week saw a mixed performance for the major indices as investors digested a range of news and data....

Anticipating Larger Fed Rate Cut Impact on USD Last week, there was a significant buzz in the financial markets as WSJ's Timiraos hinted at the possibility of a 50 basis points (bps) interest rate cut...

Technical Analysis and Trends The Australian dollar to US dollar (AUD/USD) pair experienced a slight decline last week, reaching a low of 0.6621 before finding support at the 38.2% retracement level of 0.6348 to 0.6823...

Fed to Cut Interest Rates, BoE and BoJ on Hold - Weekly Forecast Investors around the world are eagerly anticipating the upcoming decisions from major central banks regarding interest rates. The Federal Reserve, the Bank...