Tag: Market analysis

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...

EURUSD saw a slight rebound from an 8-week low as it traded within a range of 1.0665-1.0720. The moving averages showed a bearish crossover,...

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...

The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly...

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...

Bitcoin faced a drop in price recently, despite positive news on inflation and growth. The drop was mainly due to a breach in key...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...

The forex market seems to be starting off the new week at a slower pace, with major currencies trading in tight ranges. However, traders...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can...