Zephyrnet Logo

Tag: trade forex

EUR/USD Price Faces Bearish Pressure Ahead of US NFP

The US economic data should move the rate. Taking out the upper median line activates further growth. Failing to stay above 1.0864 announced exhausted buyers. The EUR/USD...

USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

US unemployment claims rose more than expected last week. Data revealed a slowdown in the US services sector. Oil prices rose on Thursday amid supply concerns. The...

USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

The bias is bullish, so further growth is possible. The US data should be decisive tomorrow. Only taking out the 151.00 psychological level activates a correction. The...

USD/JPY Forecast: Yen Under Pressure as Dollar Holds Firm

The US manufacturing PMI showed a surge in domestic demand. US job vacancies increased slightly in February as the labor market remained tight. There are fears...

USD/JPY Outlook: Yen Edges Up as Japan’s Warnings Echo

Japanese authorities got concerned when the yen hit a 34-year low on Wednesday. Suzuki repeated his warning that they would respond to any excessive currency...

EUR/USD Forecast: Dollar Loses Ground as US Core PCE Falls

The core PCE price index showed inflation rising by a smaller 0.3%. Markets raised the chances of a Fed rate cut in June from 57%...

The Future of Forex Trading in the FinTech Era – Innovations and Implications

March 29, 2024 Image: Yahoo Finance, CAD/USD ChartThe world of international finance is characterized by millions of transactions daily. Canada remains an important player...

GBP/USD Outlook: Fed Rate-Cut Expectations Decline

Fed’s Waller said the recent inflation readings support a delay in rate cuts. The likelihood of a Fed rate cut in June has fallen to...

Gold Price Retains Momentum Near $2,200 Ahead of US GDP

The gold price bias is bullish, despite the last retreat. The US data should bring high action today. The upper median line (uml) is seen as...

EUR/USD Price Looking to Pierce 1.08, Eyes on US GDP

Despite the upbeat Spanish CPI, the EUR/USD price remains under selling pressure.  Markets await the Final US GDP Price Index for fresh momentum.  Technically, the 1.0800...

USD/CAD Forecast: Bank of Canada Flags Low Productivity

BoC’s Carolyn Rogers urged businesses to increase productivity by supporting investment. Data from Canada revealed a 0.8% increase in wholesale trade in February. The dollar was...

GBP/USD Price Analysis: Dollar Weakness Briefly Lifts Pound

The pound recovered on Tuesday as the dollar weakened. BoE policymakers assumed a more dovish stance last week. Investors will remain cautious as they await more...

Latest Intelligence

spot_img
spot_img