Tag: Exchange rate
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...
EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction
The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
USD/JPY Daily Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...
USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing
The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
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...
GBP/USD Weekly Analysis: Bearish Turnaround Deepens
The GBP/USD pair saw a significant decline last week as the Cable hit fresh lows on Friday. This bearish trend was driven by upbeat...
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...
USD/JPY Weekly Forecast and Analysis – Action Forex
The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
Australian Dollar Weakens as PMI Data Disappoints
The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...
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,...