USDJPY: the USDJPY could move lower today as the latest Nonfarm Payroll release in the USA is set to cause strong trends in this currency pair.…
Browsing: ANALYSIS
The dollar traded near a two-month high versus the euro and turned bullish against most major on Wednesday which leaves its safe-haven counterpart JPY as the…
The dollar is likely to continue to depreciate as Joe Biden moves forward with his stimulus plan and the Federal Reserve continues to pump more money…
The USD is currently gaining momentum but as stock markets are seemingly depreciating, we might see the JPY taking over. In an attempt to regain safe-haven…
The USD is currently showing momentum again and it looks like it has found a bottom against the CAD. Having been lifted from the support area…
Gold prices slipped this morning after hitting a one-week high last session, as the dollar recovered some lost ground after U.S. fiscal package talks stalled. However,…
The Australian dollar slipped to a three-week low this morning as the RBA looks set to enhance monetary easing. Current consensus is that the additional stimulus…
Among other precious metals, silver prices tumbled today as a stronger dollar put pressure on metals. Specifically, silver plunged -4.11% to $22.15 per Troy ounce. As…
The Pound seems to be set for more losses after already having lost momentum during early trading in this week. Growing Covid-19 cases and also pressure…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…