Following the German PPI, EUR/GBP declines and closes to 0.8750. FUNDAMENTAL OVERVIEW During Monday’s European session, EUR/GBP pulled back from the six-month highs, trading around 0.8750. The Euro weakened following
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The Australian Dollar continues to hold its position above a significant level ahead of US housing data. On Friday, the Australian Dollar (AUD) confronts difficulties and sustains losses, even in
The U.S. Dollar: A Modest Recovery in Anticipation of Key Events. Introduction The U.S. Dollar (USD) has been making headlines recently due to a sharp decline it experienced on Friday.
NZD/USD continues to decline as the market becomes cautious, closing on 0.5900. For the third trading session, the NZD/USD pair remained negative as concerns over a slowdown in China increased
AUD/USD declines approaching 0.6400, with an eye on the Australian CPI and US Core PCE. FUNDAMENTAL OVERVIEW During Monday’s Asian session, the AUD/USD currency pair lost some of its gains
AUD/USD: Positive News from China Drives the Currency Pair Above 0.6450. Introduction In the ever-evolving world of finance, the forex market remains a dynamic and vibrant arena. Today, we delve
USD/JPY Climbs back closer to mid-147.00s and looks poised to test YTD high. In the world of forex trading, the USD/JPY currency pair has been making some noteworthy moves. Over
EUR/USD Falls Below 1.1000 Ahead of PMIs. Introduction In the ever-changing forex market, the EUR/USD has experienced a significant event as it fell below the crucial 1.1000 level. This decline
US Dollar Strengthens During European Session on Friday. Introduction In Friday’s European session, the US dollar continued to display its strength, maintaining its weekly gains. The US Dollar Index (DXY)
EURUSD Technical Analysis: Weekly Chart In the weekly charts, EURUSD is trading in a down channel. EURUSD is currently trading below all SMA. RSI is in the selling zone which