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News
EUR/USD Forecast: Euro Reclaims 1.1500 as Dollar Retreat Deepens Before US Data Test
50+ min ago (533+ words) The euro began the week on a stronger footing, extending last week’s rally as broad-based weakness in the US dollar continued to support the common currency. EUR/USD climbed above 1.1500, reaching its highest level since mid-June after investors scaled back…...
NZD/USD Forecast: Kiwi Falls After Weak China PMI as Stronger US Dollar Returns
2+ day, 18+ hour ago (544+ words) Although domestic data from New Zealand painted a more encouraging picture of household confidence, external factors continued to dominate price action. Slowing Chinese demand, together with renewed demand for the US Dollar, outweighed improving sentiment at home and kept the…...
GBP/JPY Slips Below 218, As Policy and Politics Collide. What Next?
5+ day, 14+ hour ago (533+ words) The British pound’s strong performance against the Japanese yen in early July has moderated, with the yen seemingly turning the tables. After reaching a high near 219.61-219.70 in mid-July, the GBP/JPY pair consolidated before falling below the significant 218.00 level. By…...
USD/CAD Forecast: Pair Slips Ahead of Fed Decision as Oil Weakness Caps Canadian Dollar Gains
5+ day, 17+ hour ago (578+ words) The USD/CAD pair edged lower on Tuesday, trading around 1.4100, as investors avoided taking aggressive positions ahead of the Federal Reserve’s interest rate decision. While the US dollar softened slightly after recent gains, the Canadian dollar’s upside remained constrained by…...
EUR/USD Forecast: Euro Holds Near Three-Week Low as Dollar Strength Caps Recovery
6+ day, 16+ hour ago (470+ words) EUR/USD continues to trade with a bearish bias after failing to sustain its recovery attempts over the past month. The pair has now retraced much of its spring rally and is hovering just above the 1.1300 area, a level that…...
EUR/USD's Double Top, Why the Slide Will Continue And What to Do About It
1+ week, 2+ day ago (487+ words) The EUR/USD currency pair has declined since mid-July, encountering repeated rejections at the 1.1480 resistance level. This pattern of failed attempts to break higher has formed a double-top, indicating a potential reversal. The pair is currently trading at a lower…...
USD/CAD Upward Push Stalls As Tariff Pressure Fades, New Risks Emerge
1+ week, 3+ day ago (495+ words) The US dollar briefly halted the Canadian dollar’s recent climb earlier this week. But it started falling again yesterday and still looks weak today. Now trading below 1.4100, around 1.4080, investors wonder if USD/CAD will return to the steady decline it…...
GBP/EUR Signals Weakness, ECB Rate Decision Next But BoE Move Matters More
1+ week, 3+ day ago (563+ words) The British pound saw a significant monthly increase against the euro, rising over 1% to reach levels near 1.1800, last seen in mid-July. However, the pound has since given back some of these gains, falling about 0.5% in the last five trading days…...
Strong Carry Trade: USD/ZAR Under Pressure Ahead of Key Rate Decision
1+ week, 4+ day ago (409+ words) This dynamic invites closer examination of the underlying forces at play. What is driving the pair’s current momentum, and what broader signals does it convey about the economies involved? Looking ahead, investors must consider both near-term and medium-term prospects to…...
USD/PHP July Rebound and Why BSP Rate Hike Won't Change Things Yet
1+ week, 4+ day ago (544+ words) After a slight dip of about 0.2% in June, the US dollar (USD) has shown a strong rebound against the Philippine peso (PHP), rising by about 0.6% in July. The dollar is trading near its previous high levels, in the 61.70 to 61.80 range....