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The Australian dollar is lower on Friday. AUD/USD is currently trading at 0.6658 in the European session, down 0.31% on the day.The Aussie touched a high of 0.6714 on Thursday, its highest level since...
The British pound is down slightly on Friday. GBP/USD is down 0.14%, trading at 1.2648 in the European session at the time of writing.It has been a good week for the pound, which has gained 1% against...
What now for the US dollar?That’s the key question after Wednesday’s softer data releases caused the greenback to fall across the board, underscoring the view that the economic growth is...
The yen’s exchange rate rose to the US dollar on Thursday in response to improving prospects for the Federal Reserve interest rate. The USD/JPY pair has declined to 153.88.After the US released...
The Australian dollar has extended its gains on Wednesday. AUD/USD is up 0.24%, trading at 0.6642 in the European session at the time of writing.Has Australia’s Wage Growth Peaked?Australian...
The EUR/USD pair reached a five-week high at 1.0822, buoyed by positive market sentiment ahead of today's crucial US Consumer Price Index (CPI) data release. The report is expected to show a 0.3%...
Ahead of the US CPI & Retail Sales report, I breakdown how to combine forex fundamentals with technicals to determine whether we've seen a US dollar top
The British pound has posted slight losses on Tuesday. GBP/USD is down 0.08%, trading at 1.2548 in the European session at the time of writing.UK Job Growth SlidesThe UK labor market continues to show...
The Japanese yen is experiencing a significant decline against the US dollar, marking the seventh consecutive session of this trend. The USD/JPY pair is approaching the 156.40 mark.The Japanese...
Uncertainty lingers over future Fed policy. Upcoming US inflation data to be released tomorrow. Meanwhile, Eurozone interest rate cuts draw nearer. EUR/USD remains in corrective mode meanwhile. Invest...
The NZDUSD is setting up for a bullish breakout this week and target above the .6150 level and closer to .6200 if the US CPI data comes in weaker than the market expects. You can see below that the...
Welcome to today's video where we'll review yesterday's trades, share today's trade ideas, and dive into the latest market news. Join us as we analyze the markets through a technical lens and...
US CPI inflation forecast to have eased a bit in April Retail sales to reveal the domestic demand’s strengthDollar might benefit from a strong inflation print but stocks could sufferThe April...