Implied Rate Divergence Could Fuel GBPUSD for an Upward Wave
The UK’s job numbers are out today and, similar to the last jobs report, they gave a warning sign. Jobless ...
Tag: USD
EURUSD’s Next Resistance Could Halt the Recession Panic Surge
The markets are trying to find their balance again after massive moves that started on Friday. EURUSD was the first ...
USDCHF Tests Trend Channel Ahead of FOMC and Payrolls Data
USDCHF has surged from the midpoint of its 2024 range in the last few days, aided by a declining EURUSD. ...
USDCAD Tests the Boundary of Tight Zone Ahead of BoC Rate Decision
The Bank of Canada is on the brink of another rate cut today. This will be the second straight rate ...
Kiwi Traders Bracing for Busy Week As Key Trendline is Tested
NZDUSD is testing the downward trend from early 2021 once again. As indicated in our article in late May, the ...
NZDUSD is Close to Three-Year Long Trend Ahead of Key Data from US
Less than half a month remains until the FED’s critical June meeting when the forecast will be updated. In recent ...
The Pressure Intensifies on Key Resistance for USDJPY Amid Intervention Talks
The end of negative rates did not alleviate the pressure on the Yen, as USDJPY is approaching a breakout point. ...
Monthly Market Outlook
In March, the main topic was the Fed. Rate cut expectations were trimmed to a more realistic state as inflation ...
Loonie Gains Ground as US Dollar Faces Pressure, Higher Volatility Expected
The Bank of Canada (BOC) held the rates at 5% yesterday, as expected. The Canadian economy appears to be cooling ...
Monthly Market Outlook
In February, markets were characterized by cautious optimism. US economic data mostly came out strong again, expectations for rate cuts ...
EURUSD Momentum Shifting in Favor of Bulls, According to RMI
Despite the recent strong data from the US and more normalized rate cut expectations, EURUSD still holds the 1.07 support ...
Japan PMI Falls as USDJPY Nears to Key Resistance
Japan’s economy shows signs of struggling. Following weaker GDP, retail sales, and industrial production data, the government downgraded its view ...
You might also like
The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.