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NZDCAD Tests Resistance: Bearish Outlook Continues – Forecast for March 11, 2025
The NZDCAD currency pair has recently experienced a bullish correction, prompted by positive stochastic indicators. This upward movement tested the 0.8260 resistance level, though...
GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within a bullish channel and sustained momentum from...
EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
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GBPCAD Remains Bullish – Forecast for February 20, 2025
The GBPCAD currency pair has maintained a strong bullish trend, with recent positive closings consistently above the...
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EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to...
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EURGBP Outlook: Bullish Momentum Continues – Forecast for February 13, 2025
The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above...
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The British pound has fallen 12% against the dollar in the face of internal and external troubles
Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...
Some basic concepts you need to understand when buying and selling Forex
Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...
Foreign exchange swap trading and foreign exchange futures trading
foreign exchange swap transaction refers to that in foreign exchange transactions , a transaction includes both spot foreign exchange transactions and forward foreign exchange...
Risk aversion exists in the market spot gold short-term stop falling
On Tuesday (July 5th), the spot gold fluctuated and retraced in the intraday market, and the gold price temporarily remained fluctuating around...
Yen cautiously sees further upside
Today on Tuesday (July 5th), the dollar and yen opened at 135.66 and closed at 135.69 yesterday. So far, the highest has hit 136.36...
EURUSD near five-year low amid recession fears
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Positive for euro, ECB hikes interest rates by 25 basis points in July
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Markets have lowered expectations for U.S. rate hikes, dollar rises
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Today’s RMBUSD exchange rate query (July 5, 2022)
provides today's exchange rate quotations of RMB against the US dollar (July 5, 2022): category Latest price opening price yesterday's closing price RMBUSD exchange rates 0.1494 0.1493 0.1493 For more daily updates of...
What is the US Dollar Index now (July 5, 2022)
provides today's us dollar index quotations (July 5, 2022): category Latest price opening price yesterday's closing price us dollar index 105.0991 105.2007 105.1995 For more latest inquiries about the us dollar index and...
Europe and the United States stand on the edge of stagflation, the European Central Bank raises interest rates or drags down the dollar
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Which economic data affects the dollar’s trend?
Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...