Tag: Forex market
EUR/JPY Forecast: Plunges to 5-Week Low on BoJ Rate Hike Signals
EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a...
Forexlive Weekly Market Outlook: 22-26 July
The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected...
BoC Expected to Lower Benchmark Interest Rate to 4.5% – Expert Analysis
According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada...
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,...
USDJPY Analysis: BoJ Intervention Impact on JPY – Action Forex
The recent movements in the USDJPY pair have been influenced by a combination of fundamental and technical factors. The dovish speech by the Fed...
EURJPY Pulls Back from 32-Year High: Forex Trading Update
EURJPY recently hit its highest level since January 1992 but faced a pullback following suspected intervention from Japan. Despite this correction, the pair is...
USD/CAD Forecast: Daily Analysis and Updates – Action Forex
The USD/CAD pair has shown some interesting movements recently, with a break of the 1.3652 resistance level indicating a possible short-term bottom at 1.3588....
Weekly EUR/USD Forecast: Latest Analysis and Updates – Action Forex
EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming...
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)....