Tag: foreign exchange

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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...
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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...
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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...
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Technical Analysis of Major Currency Pairs for the Upcoming Trading Week

Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with...
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EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex

The EUR/USD pair continues to show a downward bias during mid-day trading, with the fall from the short-term top of 1.0947 expected to reach...
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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...
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Weekly Outlook: GBP/USD Forecast and Analysis

Last week, GBP/USD saw a rise to 1.3043 before pulling back. This week, the initial bias is neutral as the currency pair looks to...
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GBP Remains Top G10 FX Bet Despite Risk Aversion | Credit Agricole Analysis

Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion...
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Forexlive Americas FX News Wrap: Market Turmoil Triggers ‘Sell Everything’ Day

Today was a tough day in the markets, with stocks, bonds, commodities, and precious metals all taking a hit. The only exception was bitcoin,...
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Forexlive Americas FX News Wrap: July 12 PPI vs CPI Comparison

The Dow Industrial Average closed just above 40,000 but couldn't reach a record high. The 2-10 year yield rose to -27.3 basis points, the...

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Bitcoin Price Soars to Near $90,000, Breaking Record High

Bitcoin's price surged to nearly $90,000 on Monday night, breaking its previous record high of $80,000. According to Coin Metrics, the cryptocurrency was trading...