Tag: Currency trading
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...
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%...
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...
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...
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...
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...
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...
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...
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...
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 -...