The USD/JPY pair is on a positive note as it builds on Friday’s rebound from the 129.65 region. The pair has touched new daily highs around the 131.75 region in the early North American session. USD/JPY Pair Continues to Rise, Touches New Highs The USD/JPY pair has been on a.
Introduction: GBP/USD is a popular currency pair in the forex market, representing the exchange rate between the British pound and the US dollar. Traders and investors closely monitor the fluctuations in the currency pair to make informed trading decisions. In this article, we will analyze the current trading situation of.
Introduction The EUR/USD currency pair has been on an upward trend since early March, despite facing challenges such as the recent collapse of SVB Financial. While this event caused a market tailspin, the EUR/USD has remained within its ascending trend channel. In this article, we will explore what an ascending.
The EUR/USD currency pair is currently hovering around the 1.0760/70 level, showing a cautious stance due to fluctuating risk appetite trends that are affecting the forex market. The euro has been struggling to gain traction against the US dollar as investors weigh the impact of the coronavirus pandemic on the.
Introduction: The AUD/USD currency pair has been in focus among traders and investors due to its recent performance. The pair has failed to remain above the key support level of 0.6660, according to the economists at OCBC Bank. This could indicate further downside for the currency pair. In this article,.
Introduction The USD/JPY currency pair has been in focus recently as market experts have been trying to predict its future trajectory. According to the latest prediction by MUFG, one of the world’s leading financial groups, the USD/JPY is likely to trade down to the year-to-date lows between 127-128 relatively quickly..
Introduction: The Euro fell against the US dollar as the New York session ended, due to a risk-on impulse and a banking crisis that threatens to spread across the Eurozone. The shared currency weakened by 0.64% or 69 pips and is currently trading at 1.0759. This article will provide an.
Economists at OCBC Bank suggest that AUD/USD has breached its support level of 0.6660 and may experience further downward pressure, with potential implications for investors and traders. AUD/USD breaks key support level, pointing to potential downside Economists at OCBC Bank have reported that the AUD/USD pair has fallen below a.
Economist Lee Sue Ann and Markets Strategist Quek Ser Leang from UOB Group expect the USD/JPY pair to find initial and firm support at 130.15, ahead of 129.80. Introduction: The USD/JPY currency pair has been on a downward trend in recent months, with analysts predicting further declines in the coming.
Scotiabank economists predict a potential drop in the value of the pound sterling amidst the ongoing USD corrective rebound. Learn more about the possible factors contributing to this prediction. Sterling May Face Further Correction Economists at Scotiabank have suggested that the pound sterling (GBP) could potentially face further correction amidst.
Société Générale economists report that EUR/USD has staged a steady bounce after defending 100-DMA at 1.0520 but the move faltered near 1.0910. The pair must hold above this Moving Average to avoid a deeper pullback. EUR/USD Bounces but faces resistance EUR/USD has been on a rollercoaster ride in recent months,.
Introduction: The AUD/USD pair surged to the highest level in nearly two weeks after the Federal Reserve hiked rates by 25 bps, as expected. However, the central bank surprised markets with a more dovish tone than anticipated, leading analysts at Rabobank to lower their forecast for the target range of.