Tag: Foreign exchange market trends
EUR/USD Daily Forecast: Latest Analysis and Predictions – Action Forex
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...
Temporary Dollar Dip vs. Intrinsic Euro Strength: Action Forex Analysis
The recent fluctuations in the Dollar Index have left many analysts puzzled, as the currency seems to be moving against fundamental forces. The DXY...
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...