Introduction The USD/JPY pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the US dollar and the Japanese yen. In this article, we will discuss the recent recovery of the USD/JPY pair from its weekly low and its fresh daily.
The GBP/USD pair saw a decline near the 1.2375 region on Friday due to the disappointing UK macro releases. The British Pound weakened against the US Dollar as the Office for National Statistics reported that domestic Retail Sales contracted by 0.9% in March. Additionally, sales excluding fuel dropped by 1%.
Introduction The EUR/USD market has been experiencing a tough week, with traders struggling to make significant gains due to a lack of fundamental drivers. The US dollar has been trading sideways all week, despite hawkish Fed speak that has threatened to push the greenback higher. In this article, we will.
The EUR/USD exchange rate has been a hot topic in the world of finance over the past week, with investors watching closely to see how it will perform. Despite stronger economic data from the United States, the EUR/USD has managed to recover some ground, and is currently trading at 1.0988.
Introduction: The British pound sterling to US dollar (GBP/USD) forex pair is a widely traded currency pair in the forex market. Recently, UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia shared their insights on the expected trading range for GBP/USD in the coming weeks. In.
The EUR/USD pair has been trading within a very tight range for the past week, showing little desire to make a break. This lack of momentum has been attributed to a variety of factors, including a lack of significant economic data releases and a general sense of uncertainty surrounding global.
The Euro (EUR) and US Dollar (USD) are two of the most important currencies in the world. They are widely used in international trade and finance, and their exchange rate is closely watched by traders and investors. Recently, the EUR/USD pair has been snaking along in the mid 1.09s, with.
Introduction The AUD/USD pair has been trading sideways in the early European session, with the price consolidating around the round-level resistance of 0.6700. The Australian Dollar has shown a mild correction move and failed to make any significant move after the announcement of the People’s Bank of China’s (PBoC) interest.
Inroduction The USD/JPY currency pair has been showing an upward momentum recently, and many market experts are keeping a close eye on it. Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group have analyzed the situation and provided their expert opinion on the possible future of.
The GBP/USD pair has been facing some selling pressure lately, causing it to retreat from the weekly high of 1.2470-1.2475 that it reached on the previous day. The pair remains on the defensive during the early part of the European session and is currently placed near the daily low, around.
Introduction The EUR/USD currency pair has been on a rollercoaster ride in recent weeks, losing ground in the last two regular sessions but bouncing back from confluence support near the psychological 1.0900 level. This article will analyze the daily chart to provide a detailed analysis of the pair’s recent price.
Introduction: The EUR/USD pair is one of the most closely watched currency pairs in the foreign exchange market. As of Thursday’s early European session, the pair was trading in the mid 1.09s versus the US Dollar. However, it has pulled back from the recent highs of 1.1075 seen on April.