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The Australian dollar has edged lower on Thursday. AUD/USD is trading at 0.6674 in the North American session, up 0.14% on the day. The Aussie didn’t show much reaction to today’s solid Australian...
Note: Unemployment claims was negative today Bearish: Currently we are at 1.9201 in a channel in a range. We are looking to continue a third wave to the ATR target @ 1.9100 area and then the S5 @ @...
The EUR/USD pair is holding steady around 1.0805 on Thursday, following a surge in volatility the previous evening. The Federal Reserve concluded its meeting with a neutral stance, maintaining the...
The EUR/USD pair declined to 1.0740 on Wednesday, nearing the month’s low. This downward movement is primarily driven by the political instability in France following the significant developments in...
Friday's labour market data provided the dollar with a strong upward momentum. This bullish signal needs confirmation or refutation, and we are likely to get one or the other by the end of...
From its high point on Friday to its lowest so far this week, the EUR/USD has fallen about 170 pips, or 1.57% in the pace of two and a half sessions. Friday’s drop was triggered by a stronger US jobs...
Several factors are weighing on the EUR/USD at the moment. Strong US labor market data, along with political uncertainty in the EZ has put the currency pair under pressure. Can EUR/USD hold support...
Here are the 3 Reasons why European Election Results were So BAD for EURO and the European markets
The Canadian dollar had a rough week and declined 1% against the US dollar. On Friday, a combination of lukewarm job data out of Canada and a hot US nonfarm payrolls report sent USD/CAD up 0.70%. The...
Bullish: Currently we are at 2.0819 in a range. We are looking to continue to the ATR target @ 2.0880 area and then the range top @ @ 2.0900 area. This requires that the USDX continue up so Watch...
Dollar surges after strong jobs data, defying earlier weakness. Key inflation data and Fed decision this week could determine dollar's direction. Euro has weakened against the resurgent dollar and...
EUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early...
Current DynamicsThe USD/JPY pair is showing moderate growth, with a short-term upward movement that started gaining strength since last week when it bounced back from local lows since May 16. The...
The Japanese yen is calm on Friday. In the European session, USD/JPY is trading at 155.50, down 0.06% on the day at the time of writing. Japan’s Household Spending Slips Japan’s economic activity has...
At the end of the week, the US dollar is hovering around an eight-week low against the euro, but trading activity remains subdued. Everyone is conserving energy ahead of this evening's May employment...