Tag: Currency market analysis
AUD/USD Stabilizes, Traders Await Economic Signals – Forex Market Update
The AUD/USD pair started the week on a stable note, trading around 0.6590 after experiencing a notable drop last Friday due to concerns about...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
The EUR/USD pair saw a decline from 1.1213 to 1.0681 last week, but it has since rebounded. The outlook for this week remains uncertain,...
Forex Market: FX Option Expiries on 01/11/2024 at 10am NY Cut
Foreign exchange trading can be risky, especially with the use of leverage which can expose you to more losses. Before jumping into forex trading,...
Gold and Dollar: Safe-Haven Retreats – A Comprehensive Analysis
The dollar index recently saw a correction following four weeks of consecutive gains. This is a common occurrence when national currencies and bond markets...
USD/JPY Rises Above 150: Verbal Intervention Threat
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...
BoJ’s Adachi Urges Conservative Approach on Rate Hikes
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...
EUR/USD Forecast: Can the Pair Recover from 1.0900 Dive?
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...
Japanese Prime Minister Ishiba Affirms Non-Interference in BOJ Monetary Policy
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...
NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts
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...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
EUR/USD Weekly Forecast: Comprehensive Analysis and Future ProjectionsThe EUR/USD pair experienced a significant rebound last week, indicating that the correction from 1.1200 may have...