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Read more about the article EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

  • Post author:admin
  • Post published:April 6, 2024
  • Post category:news
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US manufacturing activity improved, while service activity declined. The US jobs report showed a stronger-than-expected increase in employment in March. Traders lowered expectations for the Fed's first rate cut in…

Continue ReadingEUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut
Read more about the article EUR/USD Price Faces Bearish Pressure Ahead of US NFP

EUR/USD Price Faces Bearish Pressure Ahead of US NFP

  • Post author:admin
  • Post published:April 5, 2024
  • Post category:news
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US economic data should move the rate. Extraction of the upper midline activates further growth. Failure to hold above 1.0864 signaled exhausted buyers. EUR/USD is trading in the red at…

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Read more about the article GBP/USD Price Analysis: Pound Pares Gains Ahead of US NFP

GBP/USD Price Analysis: Pound Pares Gains Ahead of US NFP

  • Post author:admin
  • Post published:April 5, 2024
  • Post category:news
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US jobless claims rose last week to the highest level in two months. The dollar rallied as Fed policymakers delivered sharp remarks on Thursday. Markets expect a decline in employment…

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Read more about the article USD/JPY Outlook: Yen Rises Amid BoJ’s Intervention Signals

USD/JPY Outlook: Yen Rises Amid BoJ’s Intervention Signals

  • Post author:admin
  • Post published:April 5, 2024
  • Post category:news
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The dollar strengthened on the Fed's hawkish remarks. The yen strengthened after hints that the BoJ may raise interest rates. US data on Thursday revealed a rise in jobless claims.…

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Read more about the article USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

  • Post author:admin
  • Post published:April 4, 2024
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The bias is bullish, so further upside is possible. US data should be decisive tomorrow. Only taking out the psychological level of 151.00 activates the correction. USD/JPI is trading in…

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Read more about the article USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

  • Post author:admin
  • Post published:April 4, 2024
  • Post category:news
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US jobless claims rose more than expected last week. The data revealed a slowdown in the US services sector. Oil prices rose on Thursday amid supply concerns. The USD/CAD outlook…

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Read more about the article EUR/USD Forecast: Dollar Softens Amid Signs of Economic Easing

EUR/USD Forecast: Dollar Softens Amid Signs of Economic Easing

  • Post author:admin
  • Post published:April 4, 2024
  • Post category:news
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The US released data showing a slowdown in services growth. The non-manufacturing PMI fell from 52.6 in February to 51.4 last month. Eurozone inflation fell to 2.4% in March from…

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Read more about the article USD/JPY Forecast: Yen Under Pressure as Dollar Holds Firm

USD/JPY Forecast: Yen Under Pressure as Dollar Holds Firm

  • Post author:admin
  • Post published:April 3, 2024
  • Post category:news
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The US manufacturing PMI showed an increase in domestic demand. US job vacancies rose slightly in February as the labor market remained tight. There are fears of a possible intervention…

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Read more about the article Bitcoin Crosses New All-Time High; What This Means for the Industry

Bitcoin Crosses New All-Time High; What This Means for the Industry

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  • Post published:April 3, 2024
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When the crypto industry was in the midst of the last crypto winter, there was uncertainty as to whether or not Bitcoin would ever recover. After all, the crypto winter…

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Read more about the article GBP/USD Price Analysis: Pound Holds Elevated After Positive Data

GBP/USD Price Analysis: Pound Holds Elevated After Positive Data

  • Post author:admin
  • Post published:April 3, 2024
  • Post category:news
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The UK released data showing an expansion in the manufacturing sector in March. Investors estimate a 60% chance of a BoE rate cut in June. US job openings rose slightly…

Continue ReadingGBP/USD Price Analysis: Pound Holds Elevated After Positive Data
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