Tag: dollar
USDJPY Price is Stable: Forecast for June 19, 2024
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USDJPY Price Analysis The USDJPY price has settled above the 157.35 level, showing no significant movement yesterday. This stability maintains the expected bullish trend scenario...
USDCAD Price Heads Towards Support: Forecast for June 19, 2024
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USDCAD Price Analysis The USDCAD price is currently experiencing new negative pressure, having broken below the support line of its bullish channel. This movement suggests...
AUDUSD Price Achieves Clear Gains: Forecast for June 19, 2024
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AUDUSD Price Analysis The AUDUSD price experienced a strong rally yesterday, breaking above the $0.6640 level and settling above it. This breakout has halted the...
What is the easiest forex pair to trade?
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Navigating the foreign exchange (forex) market can be daunting, especially for beginners. With numerous currency pairs available for trading, identifying the easiest one to...
Which is the Richest Foreign Currency?
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The concept of the richest foreign currency often captivates the imagination of investors, travelers, and economists alike. The strength of a currency is influenced...
Platinum Price Moves Within Tight Range – Forecast for June 18, 2024
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Platinum Price Analysis The price of platinum has stabilized around the additional support level of $948.00, leading to a temporary positive rebound towards $975.00. However,...
GBP/JPY Postpones Decline – Forecast for June 18, 2024
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GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...
EUR/JPY Provides Positive Signal – Forecast for June 18, 2024
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Expected Scenario The EUR/JPY pair has indicated a positive signal, confirming a bullish bias with a close above 168.90, settling near 169.30. This suggests the...
Dollar Inches Higher as Traders Eye Rate Cut Clues; Euro Stabilizes
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The dollar rose slightly on Tuesday as traders awaited U.S. retail sales data and comments from Federal Reserve officials, seeking clarity on the timing...
The yen fell after the Bank of Japan gave no hint of readiness to raise rates further in the coming months
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Market analyst Sam Coventry wrote that the yen fell after the Bank of Japan did not signal that it was ready to raise rates...
The size of US money market funds continues to hit a record high, is $7 trillion just around the corner?
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As the market expects that Federal Reserve policymakers are not in a hurry to ease monetary policy, US money market fund assets have risen...
Gold and crude oil opened lower. Today’s trend analysis and operation suggestions
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June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...