February 28, 2025 EUR/USD gains slightly to near 1.0410 in the North American trading session on Friday. The major currency pair ticks higher while the US Dollar (USD) trades flat after the release of United States (US) Personal Consumption...
As we can see, the mood for fixing longs is already in full swing here. Therefore, until this mood changes and the accumulation of positions resumes, the pair will continue to roll back downwards. Well, as usual, we continue to watch the...
GBP/JPY Analysis: Current Market Conditions Overview The GBP/JPY currency pair has been exhibiting a period of indecision, with price movements confined within a relatively narrow range. Currently, the price oscillates between a minimum level of...
The Japanese Yen (JPY) is currently trading in negative territory, despite expectations of higher employee pay and potential interest rate hikes from the Bank of Japan (BoJ). The upcoming Shunto pay negotiations in Japan are expected to result in...
General Points about USD/CAD: The Canadian GDP rate being on the negative side has led to a decline in the value of the Canadian dollar. Weak economic growth has put pressure on the currency, making it less attractive to investors. A slowing economy...