Tag: Forex Market Analysis

news-26102024-155803

USD Breaks Key Resistance with 10-Year Yield Surge – Action Forex Analysis

The Dollar emerged as the clear winner in the currency markets last week, with both the Dollar Index and the 10-year US Treasury Yield...
news-19102024-205841

Dollar Continues Winning Streak Despite Momentum Slowdown – Action Forex

The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent...
news-18102024-145339

USD/JPY Price Drops Today But Buyers Maintain Control | Forexlive Trading Analysis

The USD/JPY price experienced a slight drop today, but buyers are still in control of the situation. Looking at the near-term chart, a 30...
news-18102024-145307

UK Retail Sales Boost Pound Value – Forex Market Update

The British pound continued to rise on Friday, with GBP/USD trading at 1.3046, up 0.27% for the day. This increase in value is attributed...
news-17102024-023023

USD/JPY Forecast: Updated Analysis and Price Predictions for Today

USD/JPY is currently in a phase of consolidation below the temporary peak of 149.97, leading to a neutral bias for the short term. The...
news-16102024-142819

GBP/USD Falls Below 1.30 on Weak Inflation Report

The British pound experienced some movement on Wednesday after a period of stagnation. During the European session, GBP/USD was trading at 1.2992, showing a...
news-13102024-194522

GBP/USD Forecast: Weekly Analysis and Predictions for Traders

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains...
news-09102024-184103

GBP/USD Bulls Focus on Short-Term Pullback amid Consolidation – Action Forex

GBP/USD has been trading within a tight 30-pip range recently, showing signs of consolidation in the market. This comes as the focus shifts to...
news-07102024-153954

RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?

The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates...
news-03102024-002913

Sunset Market Analysis: Latest Updates and Insights for Forex Traders

Oil markets experienced significant volatility today, with Brent prices initially rising by 3.5% before settling at a 2.7% increase. This surge was in response...