Tag: Forex market

news-21062024-033833

Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
news-18062024-114634

Forex Market Update: Focus Shifts Across the Channel

The foreign exchange market traded without much movement on Tuesday as investors were focused on the potential timing of Federal Reserve rate cuts. Coming...
news-16062024-144112

USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...

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news-03072024-202031

USD/CAD Decline: Exploring Bearish Potential – Action Forex

USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support...