Tag: US dollar strength

Corporate FX Hedging Strategies Amid Dollar SurgeAs the global economy continues to grapple with the impact of exchange rates, Chief Financial Officers (CFOs) of major corporations are finding themselves in a challenging position. Companies...

The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October employment change came in at +14.5K, slightly below the expected...

The EUR/USD daily analysis shows that the forex forecast and trading strategies are currently in a consolidation phase. The intraday bias for the EUR/USD remains neutral as long as it stays above the temporary...

The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However, there is expected to be strong resistance around the 55-day...

The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...

Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth than expected, with workers earning 4% more on average compared...

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...

The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic data and comments from policymakers indicating a dovish stance. The...

USD/CAD Weekly Forecast and Analysis: Potential for Rebound Amidst UncertaintyThe USD/CAD currency pair experienced some fluctuations last week, edging higher to 1.3646 before facing resistance above the 38.2% retracement level at 1.3633. Despite the...

USD/CAD Weekly Forecast: Latest Analysis and PredictionsThe USD/CAD pair saw a rebound from 1.3439 last week, although it struggled to break through the 1.3617 resistance level decisively. As we head into the new week,...