Tag: Forex Market Analysis

Forex Market Update: Dollar Steadies, Sterling Surges on BoE's Easing MeasuresThe financial world is abuzz with the latest developments in the forex market, where the dollar's performance is mixed as traders navigate through the...

EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break below 1.0330 would signal a continuation of the downtrend from...

EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday, the currency pair retraced more than half of its September-October...

The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the temporary low of 1.0330, a further decline is expected as...

The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a plan to reduce the government deficit to 3% of GDP,...

The global markets were influenced by the ongoing conflict in Ukraine, with concerns rising about a potential escalation. European equities and yields experienced a significant drop, leading to a risk-off sentiment in the market....

The markets have seen some interesting movements this week, with Bund underperforming against US Treasuries and UK gilts. This led to European money markets slightly reducing bets on ECB rate cuts. Despite the recent...

The AUD/USD pair continued its decline last week, falling from 0.6491. This week, the initial bias remains on the downside, with a target of 0.6421, which is the 61.8% projection of the move from...

Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released. Tuesday will bring the RBA Meeting Minutes, Canada CPI, US...

The dollar strengthened in the currency markets despite US Treasury yields struggling to break through resistance levels last week. Investors adjusted their expectations for the Fed's monetary policy, anticipating a slower pace of interest...