Tag: Exchange rate
AUD/NZD Surges as RBNZ Signals Dovish Shift
The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ)....
AUD/USD Consolidates Near 0.6750 Amid US Inflation Anticipation
The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
GBPUSD Surges Towards 2024 Highs – Latest Forex Analysis
GBPUSD has been showing signs of strength as it bounces back from its 50-day SMA, reaching its highest level since June 12. Momentum indicators...
EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition
EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase
The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations
The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
Weekly EUR/USD Forecast: Latest Analysis and Predictions for Traders
EUR/USD saw a strong rebound last week, indicating that the pullback from 1.0915 may have ended at 1.0665. The initial bias for the upcoming...
GBP/USD Extends Winning Streak After NFP Report
GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the...
GBP/JPY Weekly Forecast: Latest Analysis and Predictions
Last week, GBP/JPY continued its upward trend and reached a high of 206.42. This week, the initial bias suggests further rally. A strong break...