### Analysis of the EUR/USD Currency Pair and Potential Future Movements The EUR/USD currency pair, one of the most traded pairs in the forex market, is currently trading around 1.0684. As of now, the trend appears to be bearish, with the market...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
Bank of America predicts gold prices to rise to $3000 per ounce over the next 12-18 months, while the precious metal retreats against the backdrop of remarks by FOMC official Michelle Bowman about the prospects of raising the federal funds rate. If...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...
The new trading session for the USD/CAD currency pair presented a curious scene: the US dollar under pressure despite a strengthening US Dollar Index (DXY). This counterintuitive situation stemmed from two opposing forces. On one hand, the US dollar...