Forex Signals Brief April 17: Inflation Continues to Fall Globally
New Zealand and UK CPI YoY have already been released and they posted another slowdown today Full Article
The CAD Keeps Falling As
The rate of USD to CAD continues to surge higher after breaking above the channel and today it climbed further to 1.2847 after the inflation Full Article
Where Will USD/CAD Head After the Canada Inflation CPI?
USD/CAD broke above the ascending range last week after dovish comments by the BOC and today's CPI inflation might send this pair higher. Full Article
AUD/USD Below 2nd support After China’s GDP, Retail Sales
The USD to AUD rate continues to move up as AUD/USD falls down after the Chinese GDP and retail sales report released today. Full Article
Strong March US Retail Sales Helping the USD Push Higher
The US retail sales report was pretty strong, suggesting that consumer spending remains strong, sending USD/JPY above 154. Full Article
USD/CAD Breaks Above the Bullish Channel As Uptrend Escalates
There has been an increased weakness recently in the CAD to USD ratio, sending USD/CAD 2 cents higher last week to 1.3787. Full Article
Friday’s Bullish Reversal in EUR/GBP Shows the Trend Might Be Changing
The rate of EUR to GBP has been declining for months, however it formed a support zone at 0.85 this year and in March, the support... Full Article
1.05 Is Not Too Far for EUR/USD Now
The rate of EUR to USD was holding on to gains above 1.07, but last week we saw a strong bearish move, so 1.05 looks pretty far. Full Article
EUR/USD Fall Accelerates As FED and ECB Rate Cut Outlook Diverges
The rate of EUR to USD had declined by more than 2 cents this week, as the interest rate projections for the FED and ECB start to diverge. Full Article
On a global scale, the dollar is poised to close its most bullish week since September 2022.
he euro and the British pound fell on Friday to their weakest levels against the dollar since November, at $1.064 and $1.245, respectively. Full Article
The euro falls to $1.0630 after the ECB distances itself from the Fed.
ECB President Christine Lagarde distanced the bank from the Fed, stating that they rely on data rather than the Fed's decisions. Full Article
NZD/USD Resumes Decline With BusinessNZ Manufacturing Index in Contraction
The rate of NZD to USD has lost 4 cents since the start of 2024 and the economic data is not helping much. Full Article
Forex Signals Brief April 12: UK February GDP Closing the Week
Today the USK GDP for February will be the highlight of the day, followed by UoM Consumer Sentiment later. Full Article
EUR/USD Tests 1.07 After ECB Mentions Rate Cuts
EUR/USD tumbled 150 pips lower yesterday following the strong US CPI inflation but stalled at 1.0720s. Today the ECB has sent it below 1.07. Full Article
Euro to Dollar Rate to Fall to 1.06 If the ECB Announces A June Rate Cut
The Euro to Dollar rate fell 1.05 cents yesterday after US CPI inflation and will likely head to 1.06 if the ECB announces a June rate cut. Full Article
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