EUR/USD Faces Critical Support Test Amid Ongoing Market Volatility
EUR/USD is showing persistent weakness, approaching a key nine-day support near 1.1700. Despite short-term softness, the broader bullish channel remai…
Category: Forex Education
Japanese Yen Weakness Sustains as Markets Focus on BoJ Governor Ueda’s Outlook
The Japanese Yen remains pressured against the US Dollar, influenced by Bank of Japan Governor Ueda's recent statements amid a broader USD strength.
AUD/JPY Maintains Momentum Near 103 Post Bank of Japan Policy Update
AUD/JPY continues its upward trajectory, sustaining gains around 103.00 following the Bank of Japan's recent policy announcement during Asian trading …
Japanese Yen Declines Amid Rising CPI, Market Focus Shifts to BoJ Policy
Despite an uptick in Japan’s Consumer Price Index, the yen weakened as investors continue to eye the Bank of Japan’s monetary policy stance. Marke…
Australian Dollar Advances as US Dollar Holds Firm Amid Fed Outlook
The Australian Dollar strengthens against the US Dollar, reflecting market sentiment amid steady Fed policy expectations.
NZD Gains Ground on Weaker US Inflation Data Amid Fed Rate Cut Speculation
The New Zealand Dollar strengthens modestly against the US Dollar following softer US inflation data, signaling potential shifts in Federal Reserve mo…
Gold Inches Lower Amid Profit-Taking Despite Cooling US Inflation Expectations
Gold prices dipped modestly below $4,350 as traders exhibited profit-taking and reduced long positions in futures, even as US inflation signs fuel rat…
Banxico Lowers Key Rate to 7% Amid Cautious Economic Outlook
The Bank of Mexico cut interest rates by 25 basis points to 7%, signaling a cautious approach to inflation and economic growth amid ongoing uncertaint…
BoE, ECB, and US CPI Data Keep US Dollar Under Pressure
Recent developments from the Bank of England, European Central Bank, and US CPI reports continue to influence the US Dollar's performance in global ma…
USD/CAD Steadies as US Dollar Recovers Following Inflation Data Miss
The USD/CAD currency pair shows a mild rebound as the US Dollar stabilizes after inflation figures fall below expectations, influencing forex market d…