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Read more about the article EUR/USD Price Finds Life Amid Upbeat Eurozone Data

EUR/USD Price Finds Life Amid Upbeat Eurozone Data

  • Post author:admin
  • Post published:April 16, 2024
  • Post category:news
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A fall to 1.06 was announced by exhausted sellers. Fundamentals should be decisive today. Taking 1.0665 activates a higher rally. EUR/USD is trading in the green at 1.0640 at the…

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Read more about the article EUR/USD Price Fails to Recover Amid Upbeat US Retail Sales

EUR/USD Price Fails to Recover Amid Upbeat US Retail Sales

  • Post author:admin
  • Post published:April 15, 2024
  • Post category:news
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Bottom pressure remains high as DKSI is bullish. The lower middle line stands as a dynamic support. New false failures can herald overselling. EUR/USD fell to 1.0622 on Friday, registering…

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Read more about the article USD/JPY Outlook: Dollar Shines on Rate Cut Outlook

USD/JPY Outlook: Dollar Shines on Rate Cut Outlook

  • Post author:admin
  • Post published:April 15, 2024
  • Post category:news
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The USD/JPI pair rose well above the $152 level. Haven demand for the dollar increased after Iran attacked Israel over the weekend. Investors are now watching the $155 level for…

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Read more about the article USD/CAD Forecast: Canadian Dollar Near Recent 5-Month Lows

USD/CAD Forecast: Canadian Dollar Near Recent 5-Month Lows

  • Post author:admin
  • Post published:April 15, 2024
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Data from the US last week indicated higher-than-expected inflation in the country. Investors have pushed back the possible timing of the Fed's first tapering to July or September. Canada's economy…

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Read more about the article AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

  • Post author:admin
  • Post published:April 14, 2024
  • Post category:news
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By Friday, investors were still soaking up the US CPI report. Investors believe the Fed will implement its first rate cut in September. Next week, Australia will reveal the state…

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Read more about the article GBP/USD Weekly Forecast: Fed’s Delayed Cut Weighs on Pound

GBP/USD Weekly Forecast: Fed’s Delayed Cut Weighs on Pound

  • Post author:admin
  • Post published:April 13, 2024
  • Post category:news
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The dollar strengthened amid falling expectations of a rate cut. Markets now predict just two Fed rate cuts this year. Next week, investors will focus on retail sales data from…

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Read more about the article USD/JPY Price Spikes Up, Showing Exhaustion Signs

USD/JPY Price Spikes Up, Showing Exhaustion Signs

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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Bias remains bullish despite minor dips. The bear formation is far from confirmed. A new lower low activates a corrective phase. The price of USD/JPI rose to 153.38 today, marking…

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Read more about the article EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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An ECB survey of economists confirmed that inflation in the eurozone will fall to 2%. The ECB kept interest rates on hold on Thursday and hinted at the first rate…

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Read more about the article GBP/USD Outlook: Pound Slides Despite UK Economic Growth

GBP/USD Outlook: Pound Slides Despite UK Economic Growth

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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The UK economy grew in February, indicating a gradual exit from a shallow recession. After the US inflation report, investors changed their outlook for a Fed rate cut. Traders pushed…

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Read more about the article EUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB

EUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB

  • Post author:admin
  • Post published:April 11, 2024
  • Post category:news
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The US released another higher-than-expected inflation reading. Investors have pushed back the timing of the Fed's first rate cut to September. Markets are almost entirely pricing in the ECB's first…

Continue ReadingEUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB
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