Tag: currency pair
AUDUSD Drops to 2-month Low: Expert Analysis and Forecast
AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap
GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut...
EUR/USD struggles to break above 1.09 resistance in light Friday trading
The EUR/USD pair experienced a slight uptick on Friday, although it remained in negative territory for the week overall. Market sentiment has been primarily...
EUR/USD Consolidates Ahead of US Core PCE Inflation Data
EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US...
USD/CHF Extends Decline Near 0.8800 as US June PCE Data Looms
The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping,...
USD/JPY Price Analysis: Recovery and Consolidation at 154.00
The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex
The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a...
EUR/JPY Forecast: Plunges to 5-Week Low on BoJ Rate Hike Signals
EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank...