If I had to describe it, I would say that the dollar is still on the edge and while some technical levels are tight, they will not be broken as we look ahead to...
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2 Minutes
NZD/USD TRIMMED THURSDAY’S GAINS, STUMBLES BELOW 0.6400
NZD/USD ended the week solidly up 0.6700%, boosted by weaker US CPI data. US consumer inflation expectations fell, weighing on the US dollar. NZD/USD Technical Analysis: Failure at 0.6 00, sellers rejoiced and saw...
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1 Minute
USD/CAD PRICE ANALYSIS: STALLED ITS RALLY AT THE 100-DMA, DROPPED BENEATH 1.3400
USD/CAD ended Friday’s session higher, albeit hovering around 1.3 00. USD / CAD Price Analysis: Open to selling pressure below 1.3 00. USD/CAD extended its weekly losses and fell for the fourth straight week...
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2 Minutes
AUD/CAD Forecast: Drifts Lower Against Canadian Dollar
Australia is struggling with all the fuss about China’s slowdown and the coronavirus issues there, as the Chinese economy has been showing some pretty bad numbers lately. AUD/CAD is slightly lower during Thursday’s trade...
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1 Minute
China’s yuan set for biggest yearly loss since 1994
And that’s despite the currency’s strong recovery over the past two months, with USD/CNY peaking at 7.30 from late October to early November. The exchange rate above 8 is the worst performance of the...
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0 Minutes
US DOLLAR TO PEAK AND THEN WEAKEN IN 2023 – CITI
Citi economists are looking for an end to the US dollar’s spectacular rally. CAD FURTHER BOOSTS USD STRENGTH MARKETS „We expect the 2021 USD rally to end sometime in 2023 and then reverse. That’s...
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1 Minute
CHINA’S HEALTH OFFICIAL WARNS OF COVID SPREADING THROUGHOUT THE HOLIDAY SEASON
Wu Zunyou, chief epidemiologist at China’s Centers for Disease Control and Prevention (CDC), warned at a press conference on Thursday that Covid will spread during the holiday. ADDITIONAL REFERENCES „China’s provinces are at different...
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2 Minutes
AUD/JPY Forecast: Pulls Back to the 200-Day EMA Against Japanese Yen
At the same time, the Bank of Japan is doing everything possible to fight interest rates, so we want to pay attention to interest rates around the world. AUD/JPY is bearish during Thursday’s trade...
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2 Minutes
BTC/USD Forecast: Continues to Look Like Where Money Went to Die
In terms of buying, we need to see pivots from the Federal Reserve, which could be an opportunity that all crypto traders should call for at this time. , BTC/USD floated little during Thursday’s...
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2 Minutes
BTC/USD Forecast: Still Doing Nothing
If monetary policy is relatively tight, Bitcoin has very little chance of achieving anything significant. BTC/USD initially tried to rally on Thursday, but gave back what little gains it had in lackluster trading. To...
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