Tag: GBP
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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?
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
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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
Jennifer -
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
Jennifer -
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
Jennifer -
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...