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Tag: FX Main

USDCAD: Rounding Top Formed, End of Rally?

Forex
The BoC overnight only raised interest rates by 50bp to 3.75%, below market expectations of 75bp....

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ECB & President Lagarde, Weekly Claims & Chair Powell

Forex
EURUSD, H1 The ECB delivered a 75bp rate hike, with the deposit rate raised to 0.75% from...

AUDUSD Ends August with 1.8% Loss

Forex
The Australian Dollar is often used as a proxy for China’s economic growth. The AUD briefly...

Weekly Market Update – 22 August 2022

Forex
Dollar continues its surge, breaking six-week highs on its way towards the 109.00 key level. Dollar The...

GBPUSD – Outlook ahead of US CPI and UK GDP

Forex
GBPUSD, H4 The BoE rate hike is out of the way, and Europe is now pretty much...

USDCAD is bouncing from 1.2800 support with bullish divergence

Forex
USDCAD, H4 The Canadian Dollar is the currency that is performing well so far this week. With...

USDJPY – A reversal signal before the BOJ meeting?

Forex
USDJPY, H4 The USDJPY pair has eased from the high seen last week at 139.38 ahead of...

AUDUSD: Can the Bulls Get Back in Control?

Forex
AUDUSD bounced back after approaching the May 2022 low at 0.6828 after a big fall due...

CHF Following First SNB Interest Rate Rise in 15 Years

Forex
Yesterday, the SNB raised interest rates by 50 bps to -0.25% from -0.75%, the first increase...

US Data Ahead of Possible 75 bp from FOMC later

Forex
EURUSD,H1 The FOMC began its meeting and will announce its decision and ist new forecasts (SEP) at...

Japanese Yen Hits 20-Year Lows, BoJ Concerned about Weakness

Forex
The Yen has fallen to 134.56, a 20-year low, and a breakout would be the lowest...

USDCHF : Weekly Review 30 May – 03 June 2022

Forex
USDCHF has erased some of its 6-week gains, with the 2-week decline reaching a correction of...

Economic data weakens the USD

Forex
The economic data from the United States were released at the beginning of the session giving...
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