Tag: US Dollar
AUDUSD Drops to 2-month Low: Expert Analysis and Forecast
AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
US Dollar Movement Ahead of Nonfarm Payrolls: Analysis and Predictions
The US Dollar has seen some mild selling pressure, hovering around 104.20 during the European session. This slight decline comes after concerns about a...
Gold price rises as US Dollar weakens on expectations of Fed rate cuts –...
Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar...
GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap
GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut...
Weekly USD/JPY Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY pair experienced a decline from 161.94 to 151.93 last week before bouncing back after briefly breaking through the 151.98 resistance turned support...
US Dollar Unsettled by Mixed PCE Data
The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
Gold Price Outlook: Rising Amid Weak US Dollar Ahead of Fed Meeting
Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening...
USD/CHF Extends Decline Near 0.8800 as US June PCE Data Looms
The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping,...
Weekly Outlook: GBP/USD Forecast and Analysis
Last week, GBP/USD saw a rise to 1.3043 before pulling back. This week, the initial bias is neutral as the currency pair looks to...
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...
Breaking Financial News
Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies
After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and...
