Tag: Exchange rate
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...
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...
Mexican Peso Drops to Two-Week Low as USD/MXN Stays Near 18.50
The Mexican Peso has experienced some ups and downs against the US Dollar recently, with a weekly decline of over 2%. The Federal Reserve's...
Australian Dollar Weakens Due to Falling Commodity Prices and Risk-Aversion
In the recent trading session, the Australian Dollar (AUD) experienced a slight uptick against the US Dollar (USD), with AUD/USD reaching 0.65515 following a...
NZD/USD Price Analysis: Bears Pause with Clear Dominance
In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a...
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...