EUR/USD Faces Consecutive Declines Amid ECB Policy Moves and US Inflation Data
EUR/USD extends losses for the fourth straight day driven by recent ECB decisions and softer US inflation data, impacting trading dynamics and market …
Category: Forex Education
US Dollar Index Strengthens Above 98.50 Ahead of Key UoM Survey Release
The US Dollar Index (DXY) continues its upward momentum, trading above 98.50 as investors anticipate the upcoming University of Michigan consumer sent…
BoJ Governor Ueda Explains Interest Rate Hike and Its Market Implications
Bank of Japan Governor Kazuo Ueda provides insights on the recent 25 basis point rate hike, signaling shifts in Japan's monetary policy and broader ec…
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…
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…