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ECB Policymakers Lean Toward June Rate Cut

Sources within the European Central Bank (ECB) have indicated that a consensus is forming among policymakers for a potential interest rate cut in June....

Canadian Dollar Short-term Outlook: USD/CAD Breakout Imminent

The Canadian Dollar (CAD) has seen significant movement against the U.S. Dollar (USD), with the USD/CAD pair plunging nearly 6.9% from its yearly high,...

GBP/JPY Trades Sideways Below Key Resistance – Forecast for April 30, 2025

The GBP/JPY pair continues to trade sideways, remaining under pressure beneath the 55-day moving average, which is currently acting as resistance at the 191.55...

EUR/JPY Holds in Sideways Range Amid Weak Momentum – Forecast for April 30, 2025

The EUR/JPY pair continues to exhibit sideways movement, hovering near the 162.00 mark as it struggles to gather sufficient bullish momentum. Mixed trading behavior...

EUR/JPY Holds Above Key Support, Eyes Renewed Upside – Forecast for April 29, 2025

The EUR/JPY currency pair has temporarily paused its upward movement after losing bullish momentum and slipping below the 163.25 level during the previous session....

CAD/JPY Remains in Downward Channel, Eyes Further Losses – Forecast for April 29, 2025

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

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

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...

EUR/JPY Tests Resistance: Bearish Bias for April 25, 2025

The EUR/JPY currency pair has encountered upward pressure, supported by a series of positive movements and forming additional support at 161.60. This has allowed...

EUR/CAD Faces Strong Resistance: Bearish Outlook for April 25, 2025

The EUR/CAD currency pair has encountered significant resistance at the 1.5885 level, marking the end of its recent bullish rally. This resistance led to...

CADJPY Continues Decline – Forecast for April 22, 2025

The CADJPY currency pair remains under bearish pressure, consistently trading below the 61.8% Fibonacci retracement level at 103.55. This level continues to act as...

CHFJPY Sets Sights on Further Gains – Forecast for April 15, 2025

The CHFJPY currency pair has successfully triggered a bullish momentum, maintaining stability above the key resistance level of 173.95, previously part of a bearish...

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