Tag: Currency market analysis

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 China's economic stimulus measures. Investors were left wanting more details...

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, with the possibility of further consolidations. However, the overall trend...

Foreign exchange trading can be risky, especially with the use of leverage which can expose you to more losses. Before jumping into forex trading, make sure to assess your investment goals, experience level, and...

The dollar index recently saw a correction following four weeks of consecutive gains. This is a common occurrence when national currencies and bond markets face pressure ahead of important elections. While the dollar is...

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 ProjectionsThe 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...