Category: Forex news

Best yen exchange rate makes gains, while the dollar stabilised
Forex news

BoJ’s Policy Shifts and USD/JPY Dynamics

Quick Look BoJ’s lack of clear guidance prompts the USD/JPY rally, reaching critical resistance. USD/JPY now teeters at the edge of intervention zones; caution is advised. BoJ’s recent policy adjustments stir market predictions; all eyes

GBPUSD
Forex news

Insights from Recent COT Reports and GBP/USD Analysis

Quick Look GBP/USD Futures Signal Potential Sentiment Extreme Mixed Signals in US Dollar Index Post-Fed Speculations Gold and Commodities Witness Varied Speculator Movements Nasdaq 100 Futures and GBP/USD: A Week of Divergence and Bearish Turns

AUD to USD conversion rate dropping low
Forex news

Dynamics of AUD/USD Amid Global Economic Signals

Quick Look The AUD/USD exchange rate witnesses a decline as major central bank decisions loom. Strong US inflation data and Chinese economic indicators significantly impact currency movements. Technical analysis predicts bearish momentum for AUD/USD, with

salesforce
Forex news

Market Pulse: Navigating Economic Data & Global Tensions

Quick Look USD/JPY slightly increases amidst Japanese economic data and BOJ policy speculation. AUD/USD climbs despite a drop in iron ore prices, buoyed by promising Chinese economic indicators. Oil prices rebound after a minor gap

USDCAD
Forex news

USD/CAD Rises Amid US Inflation Data

Quick look USD/CAD extends gains after strong US Producer Price Index (PPI) data; core PPI at 2.0% YoY. WTI crude oil price increase could support the Canadian Dollar (CAD). Recent economic data influences expectations around

Forex news

Market Weekly: USD Up with Inflation Data & Rate Cut Talks

Quick look The U.S. dollar advanced following higher-than-expected inflation figures, reducing hopes for a June rate cut by the Federal Reserve. The USD Index (DXY) surpassed the 103.00 mark, with investors eyeing the Fed’s easing

AUD to USD conversion rate may have a bull run
Forex news

AUD/USD Slips to 0.6612, Drops -0.19% Ahead of CPI

Quick look AUD/USD traded at 0.6612, facing minor losses after a -0.19% drop influenced by global risk aversion and anticipation of US inflation data. Upcoming US and Australian data, including the US CPI and Australia’s