The pair's recent gains may encounter resistance as the pair finds support from a series of robust economic data releases. Capital expenditure by Japanese companies rose by 7.4% in the second quarter, marking the thirteenth consecutive quarter of...
AUD/USD Analysis Greetings and Good Morning to all traders! Today, the FOMC Meeting Minutes will affect the market of AUD/USD. Therefore, I expect that the market will remain in favor of buyers anymore. Also, buyers need to remain vigilant and ready...
The price experienced mixed performance on Tuesday, gaining about one-third of a percent against the US Dollar (USD) but falling against most other major currencies as the trading week began. The pair saw significant upward momentum, surging past...
The spot price began the week on a bearish note, slipping to trade around 1.0970 during Tuesday’s US session as investors shifted their focus to the upcoming US Federal Reserve (Fed) policy decision later in the week. Market uncertainty persists,...
The spot price has lost some momentum in the early hours of Wednesday, even as the US Dollar (USD) weakens. Traders are still processing the Federal Open Market Committee’s (FOMC) dovish stance and a disappointing US employment report. The pressure...