Tag: Currency trading

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GBPJPY Hits 16-Year High – Forex Analysis and Updates

GBPJPY has been on a winning streak, marking a new 16-year high at 203.57 after ten consecutive days of gains. While this positive momentum...
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US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...
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Weekly USD Analysis: US Dollar Index and Euro to Dollar Forecast – Action Forex

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...
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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...
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USD/CHF Weekly Forecast: Latest Analysis and Predictions

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above...
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Forex and Cryptocurrency Forecast: Expert Analysis and Predictions

The recent data from Eurostat has shown a rise in inflation in the Eurozone countries, reaching 2.6% in May. This increase in consumer prices...
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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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Weekly Trading Forecast: Key Events and Releases to Monitor

Stay informed about the upcoming economic events and speeches that could impact the financial markets this week. On Monday, June 24, at 3 AM...
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USD Strengthens following Recent European Central Bank Activities – ING

The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced...
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FX Option Expiries Forecast for June 20 NY Cut

FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD: • 1.0600 -...

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