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AUDCAD Under Negative Pressure – Forecast for December 23, 2024
The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...
GBP/USD Forecast Update – December 20, 2024
The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
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EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This...
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EUR/JPY Forecast – December 16, 2024
The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching...
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GBP/USD Forecast – December 16, 2024
The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend...
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High energy prices soar, putting pressure on euro zone
jack wei -
Today, Thursday (August 25), in the Asian session on Thursday (August 25), the EUR/USD bottomed out and rebounded. It is currently trading around 0.9985....
New orders for U.S. durable goods ease recession fears
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Today Thursday (August 25), the Asian plate. The dollar index was quoted at 108.46, down 0.16%. Data on Wednesday showed that new orders for...
ECB may be forced to keep raising interest rates
jack wei -
Today Thursday (August 25), the Asian plate. The euro was quoted at 0.9988 against the dollar, an increase of 0.15%. The EUR/USD pair traded...
South African inflation hits highest
jack wei -
Today Thursday (August 25), the Asian plate. The US dollar, the South African rand, was quoted at 16.8825, down 0.27%. Inflation in South Africa...
South Korea’s economic recovery may pour cold water, the won may depreciate
jack wei -
Today Thursday (August 25), the Asian plate. The dollar was quoted at 1336.8200 against the Korean won, down 0.21%. The market believes that the...
FXOAK Quanjinhui: Weak data, the dollar retreats, today’s focus on GDP data
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According to a report released by S&P Global on the 23rd, affected by high inflation, the initial value of the euro zone's manufacturing purchasing...
Credit Suisse: USD/TRY on track to break 19.00 by end of quarter
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Credit Suisse economists now expect a relatively orderly rally in USD/TRY in the coming weeks, targeting the pair at 19.00 by the end of...
Even ECB rate hikes won’t stop the euro from plunging
jack wei -
On August 24, the euro was hovering below parity against the dollar after its recent slump, and even a sharp interest rate hike by...
What is the US Dollar Index today (August 24, 2022)
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reelfinancial.com provides today’s us dollar index quotes (August 24, 2022): category Latest price opening price yesterday’s closing price us dollar index 108.75 108.53 108.54 For more latest inquiries and daily updates of the US dollar...
Euro, yen weaken, dollar index rises
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On Wednesday (August 24), EURUSD opened at 1.1766 and temporarily reported at 0.9945. The dollar index temporarily reported 108.73. USD/JPY temporarily reported 136.94. There...
Europe’s worst drought now, euro could hit new lows
jack wei -
Today on Wednesday (August 24), the euro/dollar bottomed out and rebounded. It is currently trading around 0.9969. The euro was quoted at 0.9945 against...
Eurozone economy weakened by energy crisis
jack wei -
On Wednesday (August 24), the opening price of the euro and the dollar was 1.1766, the closing price was 0.9968 yesterday, and the temporary...