Tag: Foreign exchange market trends

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 trend line with support at 149.35. Meanwhile, the EUR/USD saw...

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...

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 policy. This decision is driven by slow economic growth and...

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 news and trends in the region: ### Key Developments in the...

Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep The Federal Reserve Bank kicked off the easing cycle with a significant cut of 50 basis points, marking a shift in policy stance away...

EUR/USD Weekly Forecast: Analysis and Predictions for Forex Traders The EUR/USD pair experienced a pullback from the 1.1200 level last week, leading to a lower extension in its price movement. As we look ahead to...

AUD/USD Forecast: Australian CPI Boosts Aussie But Gains Struggle The AUD/USD pair reached a new 8-month high during the Asian session on Wednesday, fueled by stronger than expected Australian July CPI data. The currency pair...