Tag: Exchange rate

news-22062024-043640

GBP/JPY Forecast: Weekly Analysis and Outlook for Traders

GBP/JPY continues its upward trend, reaching as high as 202.01 after a brief retreat. The initial bias for this week is on the upside,...
news-21062024-074141

USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
news-20062024-193739

Achieving Stable FX Levels in Japan: Benefits and Strategies

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
news-20062024-153641

NZD/JPY Price Analysis: Cross Extends Gains Above 97.00

The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
news-20062024-133552

GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
news-20062024-013012

GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
news-20062024-012951

Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...
news-19062024-131326

CHF Safe Haven Status Driving Bid Up – Action Forex

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it...
news-19062024-110926

Mexican Peso Faces Pressure Ahead of Retail Sales Data Release

The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...
news-19062024-035145

USD/CAD Price Analysis: Consolidation near 1.3700 Level

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...