Tag: dollar
Gold’s Rise as the Safe Haven Amid U.S. Dollar and Treasury Sell-Off
Jennifer -
In recent months, gold has seen significant price surges, driven by increasing demand for safe-haven assets as trade tensions and U.S. policy shifts have...
CAD/JPY Remains in Downward Channel, Eyes Further Losses – Forecast for April 29, 2025
Jennifer -
The Canadian dollar to Japanese yen (CAD/JPY) exchange rate continues to trade within a well-established bearish channel, with price action confirming the prevailing downward...
India’s Forex Reserves Surge to Six-Month High as Rupee Strengthens
Jennifer -
India's foreign exchange (forex) reserves have surged to a six-month high, reaching $686.15 billion as of April 18, marking the seventh consecutive weekly increase....
GBP/USD Forecast: Dollar Weakens as Growth Concerns Take Center Stage
Jennifer -
The GBP/USD forecast suggests a pause in the dollar’s recent relief rally, as concerns about economic growth begin to overshadow temporary optimism. While the...
Gold Prices Rebound as Investors Buy the Dip, Despite US-China Trade Deal Optimism
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Gold prices surged more than 1% on Thursday, driven by bargain hunting, just a day after the precious metal hit a one-week low amid...
Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment
Jennifer -
The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...
U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
Jennifer -
The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
After breaking through the descending wedge, the AUD/USD exchange rate hit a nearly five-year low, and an oversold signal followed.
Jennifer -
During the European session on Wednesday, the AUD/USD exchange rate ended a three-day decline and is currently consolidating around 0.6000, supported by US President...
USD/CAD Declines Further as Bearish Trend Deepens
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April 11, 2025 — The U.S. dollar weakened against the Canadian dollar in Thursday’s intraday trading, continuing its downward trajectory under the firm grip...
GBP/USD Tests Key Resistance Amid Bullish Momentum
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April 11, 2025 — The British pound extended its gains against the U.S. dollar in intraday trading on Thursday, building on recent strength after...
EUR/USD Hits Three-Year High, Breaks Key Resistance Level
Jennifer -
April 11, 2025 — The euro surged against the U.S. dollar on Thursday, with the EUR/USD currency pair reaching its highest level in three...
ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Jennifer -
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...