Tag: US Dollar

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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....
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USD/CHF Weekly Forecast: Latest Analysis and Trends – Action Forex

The USD/CHF pair experienced a decline from 0.9049 last week, despite a temporary recovery. It was anticipated that the bounce back from 8825 would...
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GBP/USD Forecast: Weekly Analysis and Predictions

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at...
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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...
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USD/CAD Price Outlook: Analysis Before US CPI Release

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...
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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...
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GBPUSD Surges Towards 2024 Highs – Latest Forex Analysis

GBPUSD has been showing signs of strength as it bounces back from its 50-day SMA, reaching its highest level since June 12. Momentum indicators...
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Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations

The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
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NZD/USD Forecast: Key Resistance at 0.6150 – UOB Group

The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at...
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Analyzing USD/JPY Pullback: Insights from Action Forex

The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...

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Potential Merger Talks Between Honda and Nissan in Japan

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, have made headlines with their potential merger talks...

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