The pair regained some ground on Friday, reversing its earlier losses, while the US Dollar (USD) saw a recovery driven by higher US Treasury yields. Despite this rebound, rising speculation about a potential interest rate cut by the US Federal...
Today's GBP/USD Forecast and Trading Insights The British Pound (GBP) started the day on a slightly negative note against the US Dollar (USD) during the Asian trading session. This mirrors the downward movement of the Euro (EUR) as the USD...
The USD/CAD currency pair is experiencing a notable phase as prices are currently positioned below the established weekly lows. This scenario presents a significant potential for traders, as the repeated testing of these lower price levels, followed...
The currency market promises an intriguing day ahead, marked by nuanced movements. While there has been a minor retracement, the potential for further upward momentum remains compelling. Currently, all eyes are on the pivotal price level of 1.0740,...
USDJPY MARKET ANALYSIS On Thursday (June 27), USD/JPY closed at 160.76, slightly away from the 38-year high of 160.88 reached on Wednesday, as the United States released a series of weak economic data that day. The United States released a lot of...