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US dollar strengthens amidst positive economic data, eyes critical resistance levels Federal Reserve's rate cut expectations challenge dollar's rally Japanese yen faces pressure as USD/JPY approaches...
The Canadian dollar has extended its losses on Friday. USD/CAD is trading at 1.3569 in the North American session, up 0.29%.Canada’s Retail Sales Slip in JanuaryCanada’s retail sales fell...
Dollar recovers after Fed selloff, turns to PCE inflationYen falls despite rate increase, testing three-decade lows Quarter-end flows could disturb the waters in a quiet weekDollar stages recovery...
The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.2600, down 0.45%. Earlier, the pound fell as low as 1.2584, its lowest level since March 20.UK...
The Swiss franc has tumbled on Thursday after the Swiss National Bank lowered interest rates. In the North American session, USD/CHF is trading at 0.8987, up 1.35% on the day. Earlier, the Swiss franc...
Bearish: Yesterday we looked for the bounce up and we got it. Today we are looking to start the journey down. We are currently @ 165.00 after putting in a double top with divergence in...
AUDUSD was in a steady retreat since early MarchBut finds feet and reclaims both SMAs after dovish FOMCMomentum indicators improve drasticallyAUDUSD had been losing ground since the beginning of...
The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These adjustments will reduce borrowing...
The USD/JPY pair surged to a four-month high as investors recalibrated their expectations for the Bank of Japan's future actions. The consensus is now that the BoJ's monetary policy will remain...
The FOMC day is finally here, and all the attention will turn to the Fed’s latest economic projections and Powell’s press conference.Major currency pairs like the EUR/USD, gold and indexes...
The British pound has extended its losses on Wednesday. In the European session, GBP/USD is trading at 1.2695, down 0.21%. The pound has been on a slide and is down about 1.2% since March 13. UK...
USDJPY storms to fresh 2024 high after BoJ’s rate hikeThe pair is within breathing distance from 33-year peakMomentum indicators point to overbought conditionsUSDJPY has been in a steady uptrend...