Forex Opinion & Analysis
EUR/USD: Broader Bullish Trend Remains Intact Ahead of Landmark Fed Decision
18.09.2024
EUR/USD: Broader Bullish Trend Remains Intact Ahead of Landmark Fed Decision
The US dollar index was trading lower in the early European trade, giving back some of its gains from Tuesday.…
USD/JPY Experiences Renewed Decline as Market Adjusts Expectations
18.09.2024
USD/JPY Experiences Renewed Decline as Market Adjusts Expectations
The USD/JPY pair is currently stabilizing around 141.44 on Wednesday, following a brief strengthening of the US dollar which impacted…
Sharply Deteriorating Business Sentiment In Germany
17.09.2024
Sharply Deteriorating Business Sentiment In Germany
German business sentiment deteriorated sharply in September, according to ZEW data. The relevant index fell to 3.6, the lowest level…
USD/CAD Steady After Canada’s CPI Slips to 2%
17.09.2024
USD/CAD Steady After Canada’s CPI Slips to 2%
The Canadian dollar is showing limited movement on Tuesday. Early in the North American session, USD/CAD is trading at 1.3601…
GBP/USD Making the Turn Lower
17.09.2024
GBP/USD Making the Turn Lower
GBP/USD at 1.3204 in the range. We are looking for a continuation to the ATR target at 1.3155 area with a…
Silver: Critical Test at $31.5 to Determine If New Uptrend is Underway
17.09.2024
Silver: Critical Test at $31.5 to Determine If New Uptrend is Underway
Silver’s recent jump stalled at a key resistance level. Recession fears and Fed rate cut expectations drive silver’s surge and…
Will EUR/USD Take Its Bullish Chances?
17.09.2024
Will EUR/USD Take Its Bullish Chances?
EUR/USD slows pace after a quick bounce to 1.1135 Short-term trendline in focus; technical bias remains positive US retail sales…
EUR/USD Bulls Gearing Up to Attack 1.12 as Fed Eyes Aggressive Rate Cut
17.09.2024
EUR/USD Bulls Gearing Up to Attack 1.12 as Fed Eyes Aggressive Rate Cut
EUR/USD back in an uptrend ahead of the Fed. The pair could challenge 1.12 resistance if the Fed opts for…
Weak Chinese Data Paves the Way for Lower Yuan
17.09.2024
Weak Chinese Data Paves the Way for Lower Yuan
Saturday’s statistics from China added to fears of a slowdown in the world’s second-largest economy, forcing the central bank to…
US Dollar Kicks Off Critical Week Under Pressure From Rising Rate Cut Expectations
16.09.2024
US Dollar Kicks Off Critical Week Under Pressure From Rising Rate Cut Expectations
DXY fell to 100.7 after shifting expectations for a 50 basis point Fed cut Volatility is expected this week due…