Tag: US Dollar

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USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
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USD/CAD Decline: Exploring Bearish Potential – Action Forex

USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support...
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USD Under Pressure as Weak Data Emerges

The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
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US Dollar Weakens on Soft ADP and FOMC Minutes

The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut...
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USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00

The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap

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%...
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USD/JPY Breaks Through 160.00 Barrier to Hit New Multi-Decade Highs

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite...
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Gold Prices Decline as Strong US Yields Boost US Dollar

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
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USDJPY Price Analysis: Will USDJPY Break Above 160 Level? – Action Forex

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...

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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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