The British Pound (GBP) fell on Friday after three days of gains, as the US Dollar (USD) got stronger. The GBP/USD rate dropped to around 1.2760 when the US Dollar Index (DXY) went above 105.00. This happened even though US economic data on Thursday...
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
NZD/USD : Currently, the NZD/USD exchange rate is at 0.6134, reflecting a bearish trend in the market. This downward movement suggests a gradual decline in the value of the New Zealand dollar relative to the US dollar. However, despite the current...
Winning in Forex: USD/ CHF We analyse the live dynamics of the pricing movements of the USD/ CHF currency pair. The USD/CHF pair trades below the resistance level of 0.894, indicating a downward trend. Currently, the price is around the local level...
The EUR/USD currency pair experienced notable volatility last week. On Friday, it hit a six-week low, dropping to 1.0680. However, during the US market session, it managed a modest recovery, closing the trading week slightly above the 1.0730 level....