The EUR/USD pair is under notable pressure, currently trading at approximately 1.1483, after a week marked by strong U.S. data and a renewed demand for the dollar in global markets. The euro’s attempt to bounce back from its October lows fell short as investors recalibrated their strategies, expecting ongoing strength in the U.S. economy. Meanwhile, … Read more
USD/JPY is currently positioned at 153.90, bouncing back from Tuesday’s low of 152.00, as strong U.S. economic data has revitalized the strength of the dollar. The ISM services PMI increased to 52.4, rising from 50.8, while the ADP employment report indicated a gain of 25,000 jobs compared to a previous loss of 32,000. The data … Read more
The US dollar index moved within a three-point range around the 100 mark on Monday, finishing at a six-month high. A few weeks ago, it is pointed out 100 as a possible target for bullish movements. If momentum decreases from here, it could indicate wave C of a flat ABC correction. This remains an essential … Read more
The EUR/USD pair is experiencing a significant downturn, dropping to 1.1518 during Tuesday’s European session following five straight days of losses. The euro’s weakness indicates a definitive market assessment: the U.S. dollar continues to hold a strong monetary and yield advantage. The decline of the pair from 1.1600 highs early last week to current levels … Read more
The EUR/USD pair is facing increased selling pressure, currently trading near 1.1520, just above a three-month low of 1.1500, while the U.S. dollar remains steady around 99.78 in anticipation of the ISM Manufacturing PMI release. The euro is facing challenges in regaining momentum after experiencing a series of technical breakdowns at 1.1550 and 1.1530, further … Read more
The exchange rate for USD/JPY is presently around 154.15, holding steady near its eight-month peaks. The couple’s path for November is influenced by differing monetary policies, Japan’s fiscal growth, and possible intervention risks. The dollar’s rise from 151.50 to 154.45 reflects a renewed confidence in the U.S. economy, especially after the data showed the eighth … Read more
Large traders who had maintained the expectation that the Fed would need to adopt an aggressively dovish stance over the past few weeks, which sustained the GBP/USD in elevated territory despite consistently choppy conditions, faced a setback in their Forex positions on Wednesday. GBP/USD exhibited signs of volatility on Tuesday as it gradually declined, and … Read more
The USD/JPY pair remains close to the 155.00 psychological barrier, marking its peak level since early 2025, driven by the dollar’s strength amid significant pressure on the yen. The decision illustrates the increasing gap in policy approaches between the Federal Reserve and the Bank of Japan, further emphasized by Tokyo’s acute awareness of imported inflation … Read more
The British Pound concluded trading on Friday, November 1, significantly depreciated against the U.S. Dollar, finishing at approximately 1.3097, marking its lowest point since April. The decline marked a third consecutive weekly loss as investors showed a preference for the Greenback, influenced by hawkish remarks from the Federal Reserve and escalating concerns regarding the United … Read more
The USD/JPY pair continued its strong ascent into the first session of November, finishing Friday close to 154.00, marking its highest point since March, as U.S. yields rose sharply after Jerome Powell reiterated that rate cuts are “far from guaranteed.” The dollar’s rally was bolstered by the current U.S. government shutdown, which postponed essential labor … Read more