GBPUSD Facing the 100 SMA As Unemployment Increases
The GBP to USD exchange rate has been trading above 1.25 since November, but the decline last week brought GBP/USD below that level 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
2 FED Interest Cuts for 2024 After FOMC Minutes and US March CPI
Yesterday the strong CPI inflation for March report took all the shine, sending the USD higher, but the FOMC minutes added to USD strength 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
USD to CAD Rate 1.5 Cent Higher After Dovish BOC Policy Decision
The USD to CAD exchange rate has surged 1.5 cents as the Bank of Canada starts to give dovish signals, pointing to rate cuts soon. Full Article
What to Expect from the US CPI Inflation and Implications for the USD!
Today we have two major central bank meetings and the FOMC minutes, but the US CPI inflation will likely steal the show in a while. Full Article
USD Giving Signs of Life – What Does the Dollar Has Going for Itself?
The US Dollar has shown some resilience in 2024, but it has been retreating for a week. But, what are the upsides for the USD? Full Article
First Test for NZD/USD Buyers After Business Confidence Declines
NZD/USD experienced a decline of 4 cents in 2024, causing the NZD to USD rate to dip below 0.60, but it resurfaced again above this level. Full Article
EUR/USD Retests the 200 SMA After Better European Data
Today's outlook for EUR/EUR suggests a bullish sentiment, with a potential rise to 1.088 and 1.09 in the near term. Full Article
USD to Resume Uptrend as Markets Expect 2-3 FED Interest Rate Cuts
At the end of 2023, traders were anticipating up to 6 FED interest rate cuts in 2024, but they have been reduced to just 2 or 3 cuts now Full Article
Where Do FED Rate Cut Expectations Stand After the NFP?
The NFP report was strong which sent the USD 60 pips higher, but the reversal back down was quite as fast Full Article
GBP/USD Back Up After the Dive From the Strong March NFP
The rate of GBP to USD dipped 70 pip lower after the strong NFP report, but it made a swift reversal and has ended up where it started. Full Article
USD/MXN: Mexican Peso Strengthens against the Dollar Despite Bullish US Jobs Data
The peso continued to strengthen today even after a surprise jump in US jobs creation. It was also one of the few currencies to do so as the Full Article
USD/CHF Support at 0.90 Holds After the Swiss CPI Inflation
We have seen weakness in the CHF to USD rate in 2024, which has sent USD/CHF in a steep uptrend, gaining nearly 8 cents since January Full Article
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