Tag: Foreign exchange market trends
PBOC Expected to Set USD/CNY Reference Rate at 7.1262 – Reuters Estimate
The People's Bank of China is expected to set the USD/CNY reference rate at 7.1262 according to a Reuters estimate. This reference rate, due...
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...
USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex
The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish...
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 Three-Week Low: ECB Easing Expectations – Forex Market Update
The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
Asia-Pacific Forex Market Update: USD/JPY Slightly Lower | ForexLive
The Asia-Pacific Forex market saw some interesting developments recently, with various key events impacting currency movements. Here is a detailed update on the latest...
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 SepThe Federal Reserve Bank kicked off the easing cycle with a significant cut of...
EUR/USD Weekly Forecast: Analysis and Predictions for Forex Traders
EUR/USD Weekly Forecast: Analysis and Predictions for Forex TradersThe EUR/USD pair experienced a pullback from the 1.1200 level last week, leading to a lower...
AUD/USD Forecast: Struggling to Sustain Gains Despite Strong Australian CPI – Action Forex
AUD/USD Forecast: Australian CPI Boosts Aussie But Gains StruggleThe AUD/USD pair reached a new 8-month high during the Asian session on Wednesday, fueled by...
Navigating FX Markets Amidst Equity Market Losses: Insights from Goldman Sachs
Goldman Sachs, a renowned financial institution, has recently conducted a thorough analysis focusing on effective FX hedges amidst equity market losses. In a market...