Tag: currency exchange

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USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
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US Markets Closed for Holiday: Impact of DXY on OCBC

The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was...
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Dedollarisation: Transitioning to a Multipolar World Economy

In the first half of 2024, there has been a noticeable increase in the momentum of dedollarisation in the global financial landscape. This movement...
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Top Eco Data Analysis for 7/1/24 – Actionable Insights | Forex News

The eco data analysis for July 1st, 2024, provides insights into various economic indicators across different countries. Let's take a closer look at some...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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Impact of Labour Victory on Sterling: Insights from Crédit Agricole

The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will...
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USDJPY Price Analysis: Will USDJPY Break Above 160 Level? – Action Forex

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...
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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
news-24062024-041748

EUR/USD Rebounds Strongly on Improved Market Sentiment

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...

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