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The USDCAD rate soared to 1.4800 on Monday due to tariffs imposed by the US on goods from Canada and other countries over the weekend. Discover more in our analysis for 3 February 2025. USDCAD forecast: key trading points The US imposed 25% tariffs on Canadian goods Current trend: a strong uptrend USDCAD forecast for […]
The USDJPY pair rose to 155.50 at the beginning of the week. The US imposed trade tariffs on its major partners. Find out more in our analysis for 3 February 2025. USDJPY forecast: key trading points The USDJPY pair is steadily rising in response to higher risks Investors are concerned about possible complications for the […]
XAUUSD quotes are showing strong growth, rising above the all-time high of 2,790 USD. The price is moving towards the target of a Triangle pattern on the daily chart. Find out more in our XAUUSD analysis for today, 31 January 2025. XAUUSD forecast: key trading points Gold prices reached a new all-time high Current trend: a […]
A decline in Australia’s PPI may help the Australian dollar to rise to 0.6250 USD. Find out more in our analysis for 31 January 2025. AUDUSD forecast: key trading points Australia’s PPI in Q4: previously at 3.9%, currently at 3.7% US core PCE price index for December: previously at 2.8%, currently at 2.8% AUDUSD forecast […]
The EURUSD pair declined to 1.0384 on Friday. Investors are concerned about the growing risk of trade wars. Discover more in our analysis for 31 January 2025. EURUSD forecast: key trading points The EURUSD pair tumbled rapidly in response to higher risks The threat of new trade wars from the US and pressure on partners […]
Although the USDJPY rate is undergoing a correction, the selling pressure remains. The price currently stands at 154.69. More details in our analysis for 31 January 2025. USDJPY forecast: key trading points Bank of Japan Deputy Governor Ryozo Himino said further rate hikes are possible Tokyo core inflation accelerated to 2.5% in January US initial […]