Tag: Foreign exchange market

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite...

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...

EUR/USD maintained its position above 1.0667 throughout the previous week, with the outlook remaining the same. The initial bias for this week is neutral,...

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...

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....

AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...

The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections....