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Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...
The EUR/USD pair is nearing a critical resistance level at 1.11 as the greenback weakens ahead of Jackson Hole. Federal Reserve minutes and Jerome Powell’s Jackson Hole speech are key this...
Markets stabilized with positive data easing US recession fears, but the US dollar's decline continued. The DXY may face further declines if it falls below the 101.8 support level, with a potential...
In the upcoming week, major currency pairs like GBP/USD, EUR/USD, and USD/JPY could experience significant dollar-driven moves despite a lighter economic calendar. With rising US unemployment and...
Rising US unemployment and recession fears have weakened the US dollar. The EUR/USD pair is nearing the key 1.10 level, poised for potential gains. Economic data and a potential Fed rate cut could...
The EUR/USD pair will remain in focus heading into the second half of Wednesday’s session and the week. This morning's stronger-than-expected Eurozone CPI release has made a potential September rate...
The big question for FX markets is whether July’s sharp correction is over. We think events tomorrow (Bank of Japan and Fed meetings) will have a big say. Before then, US JOLTS and consumer...
This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...
The EUR/USD poked its head above the June high to approach 1.0950, reaching its best level since March. The US dollar has weakened further despite the release of mixed-bag US data this week, with...
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