The rally of the US dollar has stopped for a while. That allowed risk-on assets (GBP, NZS, AUD, stocks) and also gold to recover some losses.
Daily Market Analysis
USD/CAD is at its lowest level since July. What was the reason?
After GBP/USD hit the lowest level since December 2020, it has reversed up and gained some strength.
Less than a week ago we heard a lot of dovish statements from BOJ Gov Kuroda. What is happening with Japan’s economy and are the dark times beginning for JPY? It’s time to find out!
The Bank of England has announced an important decision which sent GBP/USD up by over 1000 points.
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
The South African rand has dropped against the US dollar. What are the reasons?
4H Chart Daily Chart The US Dollar Index failed to sustain its recent gains above its 50 DAY MA, the index declined back yesterday with higher trading volume, while all eyes are on the PPI data today after mixed economic releases over the past few…
We have outlooked several promising Forex pairs and the result can surprise you!
What happened? Yoshihide Suga left the position of Japan’s prime minister…
The decision of the Australian central bank pressed the aussie down. How to trade it now?
Daily Chart 4H Chart Gold managed to post further gains at the end of last week's trading amid fears of Covid19-Delta variant, in addition to the Federal Reserve's remarks about QE tapering…