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Read more about the article EUR/USD Price Approaching 1.08 Ahead of US CPI

EUR/USD Price Approaching 1.08 Ahead of US CPI

  • Post author:admin
  • Post published:December 12, 2023
  • Post category:news
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The pair bounced after failing to clear the lower middle line. The midline acts like a magnet. Higher US inflation should boost the dollar. EUR/USD is trading at 1.0793 at…

Continue ReadingEUR/USD Price Approaching 1.08 Ahead of US CPI
Read more about the article GBP/USD Price Analysis: Dollar Retreats Ahead of Major Events

GBP/USD Price Analysis: Dollar Retreats Ahead of Major Events

  • Post author:admin
  • Post published:December 12, 2023
  • Post category:news
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US inflation data will shape the Federal Reserve's policy decision on Wednesday. US headline inflation is expected to remain flat for November. The difference in interest rates between the UK…

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Read more about the article USD/CAD Outlook: Struggling Under 1.36 Amid Surging Oil Prices

USD/CAD Outlook: Struggling Under 1.36 Amid Surging Oil Prices

  • Post author:admin
  • Post published:December 12, 2023
  • Post category:news
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Financial markets were calm ahead of US consumer price index data. Oil prices rose, but investors remain wary of US inflation data. Speculators cut bearish bets on the Canadian dollar.…

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Read more about the article EUR/USD Outlook: Euro Hovers Near Three-Week Low

EUR/USD Outlook: Euro Hovers Near Three-Week Low

  • Post author:admin
  • Post published:December 11, 2023
  • Post category:news
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In November, US employers expanded their payrolls by 199,000 workers. Consumer sentiment in the US improved in December. The US central bank is likely to keep rates within the existing…

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Read more about the article GBP/USD Price Recovers from US NFP-Led Losses

GBP/USD Price Recovers from US NFP-Led Losses

  • Post author:admin
  • Post published:December 11, 2023
  • Post category:news
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Clearing the psychological level 1.26 activates further growth. Its failure to retest the median line (ml) heralded exhausted sellers. The consumer price index in the US should bring sharp developments.…

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Read more about the article Dollar Recovers Ahead of Inflation, Fed

Dollar Recovers Ahead of Inflation, Fed

  • Post author:admin
  • Post published:December 11, 2023
  • Post category:news
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Data revealed an acceleration in US job growth in November. There was a drop in the unemployment rate to 3.7%. There is speculation that the Bank of Japan may be…

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Read more about the article AUD/USD Weekly Forecast: Employment Boost Sparks Dollar

AUD/USD Weekly Forecast: Employment Boost Sparks Dollar

  • Post author:admin
  • Post published:December 10, 2023
  • Post category:news
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The dollar got a boost thanks to an upbeat jobs report. The Central Bank of Australia kept interest rates unchanged on Tuesday. Investors are eagerly awaiting the FOMC's policy meeting.…

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Read more about the article Dollar Thrives on Surprising NFP

Dollar Thrives on Surprising NFP

  • Post author:admin
  • Post published:December 9, 2023
  • Post category:news
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The Canadian dollar weakened after the Bank of Canada kept rates steady at 5%. Oil fell for a seventh week on concerns over oversupply. The US economy reported 199,000 jobs…

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Read more about the article EUR/USD Price in Demand Zone, All Eyes on US NFP

EUR/USD Price in Demand Zone, All Eyes on US NFP

  • Post author:admin
  • Post published:December 8, 2023
  • Post category:news
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Despite the temporary spikes, the EUR/USD pair maintains a bearish bias in the short term. A new lower low triggers more dips. US NFP, unemployment rate and average hourly earnings…

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Read more about the article Yen Heads for a Stellar Week Against the Dollar

Yen Heads for a Stellar Week Against the Dollar

  • Post author:admin
  • Post published:December 8, 2023
  • Post category:news
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There is optimism that ultra-low interest rates in Japan are coming to an end. The dollar was weak ahead of an expected US non-farm payrolls report. Japan's economy shrank faster…

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