The US dollar surged against the Japanese yen amid widening interest rate differentials The US dollar strengthened significantly against the Japanese yen, largely due to widening interest rate differentials. As US interest rates rise, the dollar's...
Early Friday, European trading hours saw some sellers move the NZD/USD pair to around 0.5585. Due to increased anticipation that the US Federal Reserve (Fed) would proceed carefully with future rate decreases, the pair is still under selling...
The EUR/JPY currency pair staged a rebound during the Asian trading session on Friday, recovering from the previous day's losses and trading near the 163.00 mark. This recovery has been primarily driven by the weakness of the Japanese Yen (JPY),...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
On the four hourly chart of the USD/CAD currency pair, I observe the local upward trend continuing its protracted development. I anticipate that, following this, a significant southern correction in the asset should begin, potentially reaching at...
