Forex

EUR/USD Forecast: EUR Poised for Further Gains Against USD

The Euro (EUR) made significant gains against the US Dollar (USD) today, reaching a multi-week high near 1.0900 before retreating…

3 months ago

Global Forex Fluctuations: Dollar Dips, Pound’s Bold Rally

At A Glance The U.S. dollar is slightly declining but stays near recent highs amid higher-for-longer U.S. interest rate prospects​.…

3 months ago

Global Forex Frenzy: Currencies Clash in Market Showdown!

At A Glance The U.S. dollar shows a slight decline in early European trade yet remains near recent highs due…

3 months ago

Dollar’s Mixed Performance Amid Rate Cut Speculation

Quick Look The dollar shows mixed performance, influenced by recent economic data and market speculation. Recent producer price index (PPI)…

3 months ago

US Dollar Climbs for 5th Week, Hits 104.35

Key Points The US dollar marks its fifth consecutive weekly gain, with a slight uptick to 104.35 on the dollar…

3 months ago

Forex Frenzy: CPI Shocks and Central Bank Moves

At A Glance UK CPI data for January shows a 4.0% year-over-year increase, below the expected 4.2%. ECB Vice President…

3 months ago

USD Index Steady at 104, AUD Hits 0.6540 Highs

Key Points The USD Index (DXY) stayed nearly flat, lingering in the low-104.00s among mixed US yields and growing cautiousness.…

3 months ago

U.S. Labor Market Boosts Greenback to New Peaks

At A Glance The U.S. dollar rose due to stronger-than-expected labour market data. U.S. jobless claims fell to 218,000, indicating…

3 months ago

Navigating the High Seas of Forex Frenzy

At A Glance The U.S. dollar index shows bullish momentum, potentially influencing forex pairs. EUR/USD dips below 1.0800, possibly further…

3 months ago

5 Nations’ Forex Markets Close, Yen Hits 2024 Low

Key Points Lunar New Year and Memorial Day led to forex market closures in China, Singapore, South Korea, Hong Kong,…

3 months ago

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