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Usd/cad climbs to 1.3700 neighbourhood, highest since march on sliding oil prices/bullish usd

USD/CAD gains traction for the third straight day and climbs to a fresh multi-month top. Retreating Oil prices undermines the Loonie and remains suppo...

October 3, 2023, 2:59 am

Usd/jpy forecast: balancing yen struggles amidst boj and fed policy divergence

USD/JPY seesaws as threats of intervention shadow the Yen, with BoJ’s policy and US labor news in focus. On Monday, the USD/JPY rose by 0.36%. Follo...

October 2, 2023, 11:44 pm

Gbp/usd now faces some consolidation – uob

GBP/USD struggles to gain any meaningful traction and oscillates in a narrow trading range. The risk-on impulse is seen undermining the safe-haven USD...

October 2, 2023, 6:59 am

Gbp/usd struggles to gain any meaningful traction, remains confined in a narrow band

GBP/USD struggles to gain any meaningful traction and oscillates in a narrow trading range. The risk-on impulse is seen undermining the safe-haven USD...

October 2, 2023, 2:29 am

Eur/usd: us inflation data creates make-or-break moment for common currency

EUR/USD faces a stern test in the days ahead, battling divergent fundamentals, increasing risk aversion and a technical backdrop that’s as bearish a...

September 28, 2023, 1:59 am

Litecoin technical analysis and short term forecast

Hi Traders! Litecoin technical analysis and short term forecast post is here. We do our analysis on the MetaTrader4 platform (MT4), some very interest...

September 27, 2023, 9:07 am

Pboc sets usd/ cny central rate at 7.1717 (vs. estimate at 7.3103)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

September 27, 2023, 1:15 am

Usd/jpy forecast: dovish divergence fuels price movement news

Today’s focus remains on the Bank of Japan’s monetary policy minutes and potential revelations about a shift away from negative rates impacting th...

September 26, 2023, 11:30 pm

If it wasn't for the fear of intervention, fed's kashkari would've sent usd/jpy above 150

USD/JPY hit an 11-month high above 149.15 on Tuesday. Kashkari added fuel to the monetary policy divergence fire between the Federal Reserve and Bank ...

September 26, 2023, 11:30 pm

Mastering macd indicator for forex trading signals

Are you ready to unlock the power of forex trading indicators and take control of your investments? In the dynamic world of finance, understanding the...

September 26, 2023, 2:04 am

Eur/gbp to move only modestly higher to 0.88 over the coming year – danske bank

Analysts at Danske Bank, de do not see the global investment environment nor the relative growth outlook creating significant divergence between the E...

September 25, 2023, 3:14 pm

Aussie dips as evergrande concerns resurface; more global inflation data ahead

Asian stock markets commenced the week with divergent performances. While Japan’s Nikkei showed resilience, bouncing back after enduring its most ch...

September 25, 2023, 5:05 am

Economic divergence between us, eurozone seen key for eur/usd

The current focus for EUR/USD has returned to the relative difference between the U.S and European economies, thus ruling out a near- and medium-term ...

September 25, 2023, 3:29 am

Pound sterling price news and forecast: gbp/usd weak uk economic data add to cable’s negative outlook

The Pound Sterling (GBP) finds offers while attempting to extend recovery as investors see no change in the current policy divergence between the Fede...

September 24, 2023, 6:29 am

Usd/jpy weekly forecast: bulls roar amid boj-fed divergence

The Fed paused and held rates unchanged, but policymakers flagged the possibility of one last hike. The BOJ maintained its ultra-loose policy and its ...

September 23, 2023, 2:59 pm

Ford: the uaw wildcard could drive a $6 billion wipeout

Ford's momentum has been overshadowed by the ongoing UAW strike, raising concerns about near-term productions and longer-term profitability. The strik...

September 22, 2023, 11:47 am

Uk august retail sales +0.4% vs +0.5% m/m expected

Prior -1.2%; revised to -1.1%Retail sales -1.4% vs -1.2% y/y expectedPrior -3.2%; revised to -3.1%Retail sales (ex autos, fuel) +0.6% vs +0.6% m/m exp...

September 22, 2023, 6:00 am

Fed’s powell urges flexibility on rate projections: forecasts not set in stone

Federal Reserve Chairman Jerome Powell said the interest rate outlook isn’t set; experts diverged on interpreting Fed’s cautious future stance. Th...

September 20, 2023, 8:55 pm

Usd/jpy cracks to a fresh 2023 high above 148.25 on higher for longer federal reserve

Japanese authorities are quick to tell us that they want the yen FX rate to reflect fundamentals. Well, it doesn't get much more fundamental than star...

September 20, 2023, 8:13 pm

Euro falls to fresh session low as us treasury yields rise

A divergence in the global bond market is weighing on the euro and has tipped it below the post-ECB low. EUR/USD is down 75 pips to 1.0653.The bond ma...

September 14, 2023, 2:20 pm


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