Forex and Cryptocurrency Forecast for 17 – 21 June 2024 EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure....
Fundamental Analysis Friday's North American session saw a sharp gain in the price of gold as US inflation statistics raised market expectations that the Federal Reserve (Fed) will lower interest rates later this year. The political unpredictability...
USD/JPY Technical Analysis: Bullish Momentum Points to Further Gains The USD/JPY currency pair is currently trading around the 157.98 level, displaying robust bullish momentum on the daily (D1) chart. This upward trend has been consistent since the...
GBP/USD Analysis The weekend opens with a look at the daily chart, where prices, after a recent decline, managed to claw back to the middle of the established trading range. However, a decisive break below this level failed to materialize. This...
Fundamental Analysis On Friday, the EUR/USD pair dropped lower, reaching 1.0670 before rising to the 1.0700 milestone in the US trading session. Following a significant movement in voter mood towards right-of-centre political parties in the recent...