Japan Economy

The EUR/USD Pair Declined on Thursday. What about GBP?

EUR, USD, JPY, GBP, AUD, NZD, CNY Forecast for Thursday

The EUR/USD continued its downtrend in the Asian session on Thursday morning. The pair traded near the multi-month low, around 1.1795, for a while. However, currently, it stands at 1.1790, higher by 0.01% for the day. The U.S. Dollar Index remained steady at a 13-week high against six major rivals on Thursday, despite the Federal …

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eur/usd, Forex News: the yuan, yen, dollar, euro, and pound

EUR/USD, USD/JPY, and GBP/USD Forecast for Wednesday

The EUR/USD pair remained red on Wednesday, suffering from mild downside momentum on the four-hour chart. It is trading below the 50, 100, and 200 simple moving averages on the four-hour chart currently. However, EUR/USD has rebounded from the previous multi-month low of 1.1808. Below 1.1808, the pair’s next support lines are at 1.1760 and …

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EUR/USD, Forex market, Dollar

Analytical Overview of the EUR/USD, USD/BRL, GBP/USD, USD/JPY Pairs

EUR/USD tumbled down to a post-FOMC low as the greenback strengthened further on Thursday. The pair traded at 1.1840, reaching its lowest level since April 6. Meanwhile, the U.S. dollar continued rallying. The currency maintained its uptrend despite yesterday’s month and quarter end-trading. However, several key events will take place in the following days, and …

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The EUR/USD Pair Lowered on Monday. What about GBP/USD?

USD, EUR, GBP, JPY, AUD, CAD, and KWD – Technical Analysis

The Euro declined by 0.1% to $1.1923 on Monday, as it struggled to rebound to the $1.20 level. The EUR/USD pair mostly rallied during the last week. However, it seems, the common currency has run out of momentum late in the week. During a meeting on June 16th, the Federal Reserve’s officials made hawkish forecasts, …

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dollar, incentive packages are supplying the CREDIT growth

U.S. Dollar Fluctuated Thursday While Japanese Yen Fell

The U.S. dollar fluctuated on Thursday, trading below an 11-week high against major currencies. Investors attempted to navigate conflicting signals from Federal Reserve officials about the timing of monetary stimulus withdrawal. The dollar index stood at 91.847 in Asia against the six rivals. It rebounded from Wednesday’s low of 91.509 today. The index hit a high at …

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Yen, Euro and Sterling tumbled down against the U.S. dollar

Yen, Euro and Sterling Tumbled Down Against the U.S. Dollar

The U.S. dollar rallied on Friday as traders were busy closing short positions after the Fed meeting. The dollar index skyrocketed, hitting a more than two-month high of 92.010. It is currently on track for a 1.6% weekly gain, its largest since September. Meanwhile, the dollar’s rival currencies struggle as they remain under pressure due to the …

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British pound

The Japanese Yen Rallied Against the British Pound

The Pound Japanese Yen exchange rate tumbled down today after the Japanese economic index for April beat forecasts, soaring to 103. Currently, the GBP/JPY pairing is fluctuating around ¥154.88. The Japanese Yen rallied thanks to the leading index figure, which skyrocketed to a seven-year high in April. This index measures the nation’s economic activity. So, …

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