On Tuesday, the evergreen buck was still fairly intact due to the fact that Fed Chair Jerome Powell told that the US major financial institution could consider completing its reduction of the balance sheet…
Key levels for EUR/USD and GBP/USD
GBP/USD continued its recovery yesterday. The pair rose to the 50-week MA at 1.3150. It’s quite natural to assume that this line will act as resistance.
On Monday, the major US currency went down because expectations for a trade pact between China and America ramped up investor appetite for risky assets, including stocks as well as emerging market currencies…
Find out the main market movers for the current week
The market sentiment is on!
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USD/ZAR met resistance at the line connecting September and October highs and turned down.
On Friday, the major US currency slipped because New York Federal Reserve President John Williams told that the correlation between inflation and employment is already kicking…
USD/CHF is indecisive between 1.0025 and 0.9985, where it consolidated for 2 days.
Let’s face it: the famous safe-haven Japanese yen is the most undervalued major currency right now. Let’s find out the reasons behind this performance of the Japanese currency.
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
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