Tag: US Dollar

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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
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USD/JPY Daily Forecast: Latest Analysis and Trends – Action Forex

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...
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USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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EUR/USD Forecast: Lower Trading Expected Ahead of US Core PCE and French Election –...

The Euro is facing pressure this week due to dovish signals from major European central banks and concerns about fiscal and political developments in...
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USD Strengthens following Recent European Central Bank Activities – ING

The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced...
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USD/NOK Rises as Norges Bank Maintains Hawkish Stance

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
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US Dollar Strengthens as Treasury Yields Rise amid Weak Data

The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...

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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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