GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
Yesterday's American economic data release was met with a surprising shrug by the market. The numbers themselves were a bit underwhelming, suggesting some weakness in the US economy. However, this didn't stop the US dollar from continuing its upward...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
EUR-AUD PAIR FORECAST The Australian central bank's hawkish comments at last week's interest rate announcement had an instant impact on the strengthening of the AUD in general, including the weakening that occurred in EURAUD which has been going on...
The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...