Category: Forex news

The forecast for the US dollar is in somewhat positive territory. As a rather predictable result, the forecast for the dollar to yen exchange rate has fallen to a slightly pessimistic level. The main reason

US dollars have been under pressure for several weeks now. The Fed’s plans to pursue rate cuts significantly dragged down the dollar after months of rate hikes had bolstered the currency. However, traders now believe

The American dollar rate has remained resilient despite recent unfavourable economic data. By the end of Wednesday, the US Dollar index had shown positive growth. The latest data includes the ADP Employment Change and Jobless

On December 29th, marking the 2023 closure of forex markets, there will be no further trading activity during the weekend. However, forex patterns seem relatively stable on this final trading day. Upcoming economic events or

The American dollar rate has been performing poorly as Thursday gets going. As usual, this profited a range of major currencies over the globe. The euro, pound, and yen all achieved their highest growth against

India’s rupee rate has seen a steady pace these last few days, changing little in its value. However, it seems like there could be an opening for a rally to take place for the Indian

The dollar has been floundering this Tuesday, as the holidays significantly temper forex day trading volumes. Looking further ahead, however, US inflation appears to be lowering, which will maintain pressure on markets. This trend gives

Analysts at Goldman Sachs are now expecting the pound to dollar forecast to increase up to $1.35 in value towards the end of 2024. However, there is not any consensus on this matter. This should