The U.S. dollar gained traction against major counterparts as the Federal Reserve maintained its benchmark interest rate within the 4.25%–4.50% range, aligning with market expectations. In a post-meeting press conference, Fed Chair Jerome Powell...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
Comments from U.S. Commerce Secretary Howard Lutnick during a CBS interview shed light on the strategic intent behind former President Donald Trump's proposed tariffs. Lutnick characterized the move as a negotiation tactic, stating, “Let the...
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
Japanese just came out of gates on Monday. At the European meeting, USD/JPY is traded at 141.00, which is 0.79%. Previously, Yen strengthened to 140.47, its strongest level since September 2024. The US dollar retreats when Trump is pushing against...
