Tag - usd

Have you missed changes that happened to the currency market last week? Do you want to get clues on future movements of the major currency pairs? Watch our Forex outlook on the past week’s trading and have a look at the main events of this week…

USD/BRL rose to the highest level since March 2016. The selloff of Brazilian real has been very intense during the last 3 months.

The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.

On Thursday, the evergreen buck declined against most currencies of developed countries, including the common currency and the Japanese yen ahead of the G7 gathering at the level of heads of state and government in Canada…

Traders will look at the G7 summit that will take place on June 8-9 in Quebec to get clues on the world economic growth.

On the daily chart of USD/JPY, the “Shark” pattern is transforming into 5-0. After a correction to 50% of the wave CD, an advance above May high will open the way up to the pair.

Although Wednesday’s US economic data were positive, the greenback continues to lose positions.

The US dollar index is lower and lower. It is trading near $93.65.

Recommendation: BUY 1…

Mexico is on the verge of imposing a 20% tariff on imports of pork from the United States…

On Monday, the US dollar index tested lows near $93.60. Tuesday’s trading isn’t extensive, but the index is at $94.

On Monday, the common currency ascended versus the evergreen buck in the face of the tumbling American currency notwithstanding the dismal data on the Sentix investor confidence indicator of the eurozone because financial markets were already set for a…