Latest Market News
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse, reaching 1.0737. Today, the market is forming a narrow consolidation range above this level. With an upward breakout, a corrective phase is not ruled out, aiming for 1.0757. With a downward breakout, the trend might continue to 1.0700. A breakout of this […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting following a rebound from the resistance area. The pair is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the Cloud’s lower boundary at 1.2445 is expected, followed by a rise to 1.2625. An additional signal confirming the rise will be […]
The Australian dollar, paired with the US dollar, is retreating. The current AUDUSD exchange rate stands at 0.6577. The Reserve Bank of Australia left the interest rate unchanged at 4.35% after its Monday meeting. Overall, the RBA maintained a cautious stance on monetary policy, emphasising the need to monitor developments in its comments. Simultaneously, the […]
The Japanese yen is weakening against the US dollar. The current USDJPY exchange rate stands at 155.17. The yen has significantly deviated from its peak value of 151.16 against the US dollar. The strengthening of the JPY was achieved through currency interventions by the Japanese authorities. While this information has yet to be officially confirmed, […]
The New Zealand dollar, paired with the UD dollar, is poised for growth. The current NZDUSD exchange rate is 0.6008. Although the Kiwi dollar stands at the same level as a month ago, this period has seen sufficient fluctuations. The positive news for the NZD became generally improving risk appetite after investors believed that the […]
The Japanese yen, paired with the US dollar, resumes its decline. The current USDJPY exchange rate stands at 154.54. After a series of strengthening moves, the yen came under pressure again amid the statements of a leading monetary policymaker Masato Kanda that the government is ready to fight speculative movements of exchange rates. However, Kanda […]