Tag: forex trading
GBP/USD Price Analysis: BoE’s Pill Remarks Propel Pair Above 1.2800
The Pound Sterling saw a rise to 1.2842 against the US Dollar following comments from the Bank of England's Huw Pill cautioning against making...
AUD/USD Consolidates Near 0.6750 Amid US Inflation Anticipation
The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This...
Westpac Analysis: RBNZ Statement Today Less Hawkish Than May – Forexlive
Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition
EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
GBP Forecast: Bank of England Speakers Return – ING
The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from...
Forex and Cryptocurrency Forecast for Traders – Action Forex
On Friday, June 5, the Dollar Index (DXY) hit a three-week low, while the euro showed its largest weekly gain against the dollar in...
Bulls Gain Control as NZD/USD Closes Above Critical Resistance – Weekly Price Analysis
The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested...
GBP/USD Price Analysis: Bulls Aim for Daily Close Above 1.2800
The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that...
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Top Pre-market Stock Movers: SolarEdge, Novo Nordisk, Rigetti, Maplebear
**SolarEdge, Novo Nordisk, Rigetti, Maplebear: Today's Top Pre-market Stock Movers**In the fast-paced world of the stock market, certain companies stand out above the rest,...
