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Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration

The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...

UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End

UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...

NZD/USD Price Forecast Update: January 14, 2025

The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...

EURJPY Resumes Decline – Forecast for January 3, 2025

The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...

Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?

The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...

GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024

The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation of the bullish trend. This morning, the...

EURJPY Consolidates Below Key Resistance Level – Market Outlook for 30th December 2024

The EURJPY pair has been trading in a narrow range, largely consolidating below the 164.75 resistance level. This barrier has been preventing the pair...

EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024

The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...

South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters

The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar, prompting the Financial Supervisory Service (FSS) to...

CADCHF Remains Bearish – Market Outlook for December 27, 2024

The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...

AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024

The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...

NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024

The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at 0.5630. A break below this support would...

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