UK Economy

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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USD remains near a 20-year high. Euro is encased in turmoil

USD, EUR, GBP, AUD, and NZD’s moves Wednesday – Market Warp

Traders continued buying safe-haven dollars on Wednesday. As a result, the EUR/USD pair struggled. After soaring from the multi-month low near 1.1891 in the previous week, the common currency declined again while the dollar rallied. However, the pair managed to gain 0.05% today. It traded at 1.1902 at last. Meanwhile, the U.S. Dollar Index remained …

USD, EUR, GBP, AUD, and NZD’s moves Wednesday – Market Warp Read More »

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 declined on Monday along with Sterling and Aussie 

Dollar Declined on Monday Along with Sterling and Aussie 

The U.S. dollar index tumbled down on Monday after it skyrocketed due to the Federal Reserve’s sooner-than-expected hawkish tilt at the end of the last week. The Australian dollar was another big loser today. It plunged after the prices fell on iron ore, which is the country’s top export. Against six major currencies, the dollar …

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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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dollar

U.S. Dollar Gained on Monday While the Sterling Plunged Low

The U.S. dollar climbed up against other currencies on Monday. The currency posted its biggest weekly gain in more than a month. Market players closed short positions ahead of a Federal Reserve policy meeting. In Asia, the dollar added 0.1% to $1.20980 against the euro after hitting an almost one-month high of $1.2093 in the …

U.S. Dollar Gained on Monday While the Sterling Plunged Low Read More »

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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dollar

U.S. Dollar Plunged to A Low Record While Sterling Soared

The U.S. dollar plummeted down to a 4-1/2 month low against a basket of other currencies on Tuesday. Federal Reserve officials’ insistence that policy would stay unchanged along with softer-than-expected U.S. data allayed traders’ fears about inflation and boosted interest rates higher. As a result, the dollar index lowered by 0.3% to 89.533 in Europe, …

U.S. Dollar Plunged to A Low Record While Sterling Soared Read More »

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