Turkey's bank raised rates, that sent the Turkish lira soaring. But technical analysis shows that USD/TRY should reverse up .
Tag - usd
The number of Americans asking for new unemployment benefits unexpectedly jumped last week.
Gold prices rose to an over two-week high on Wednesday after the Federal Reserve’s decision. How to trade it now?
The Fed pledged to keep near-zero rates at least through 2023. The dovish message pressed down the US dollar. As a result, EUR/USD and GBP/USD surged.
FOMC's report provided positive feedback on the current domestic US economic dynamics. However, a rather dovish outlook made the US dollar weak, resulting in the USD's plunge in the currency pairs across the Forex market.
Time to case-test a triangle chart formation with NZD/USD
All eyes today are on the FOMC meeting: will the Federal Reserve ease traders' concerns about the increasing inflation or not? How can this influence EUR/USD, USD/JPY, gold, and S&P500? Watch the video to find out!
The market optimism waned ahead of the Fed meeting: stock indices dropped, gold and the USD rose.
Deutsche Bank has raised its growth forecasts for the UK for the current year. It will drive GBP/USD further up!
What is the likely scenario for the Wednesday Fed report and the US interest rate in 2023? Let's see...
The Forex market is volatile and a bit indecisive this Tuesday but we have the S&P finally opening the way to 4000 as it managed to cross the resistance of 3960!
Jump in to get the latest market news and fresh technical analysis of EUR/USD and GBP/USD!