The dollar is lightly softer to start the day with EUR/USD holding near 1.0100 and USD/JPY…
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SILVER PRICE ANALYSIS: XAG/USD TO SUFFER FURTHER WEAKNESS TOWARDS THE $17.92 SUPPORT – CREDIT SUISSE
Silver has confirmed a top already and is approaching the $18.65 key support. Economists at Credit…
Continue ReadingUSD/CAD Forecast: Tussle in North America
The US dollar pulled back a bit against the Canadian dollar Wednesday as we continue to see a…
Continue ReadingThe dollar soared after the release of US inflation data
Futures plummet, dollar rises after CPI data Euro/dollar chart in 1 minute intervals Stock futures fell after…
Continue ReadingGerman ZEW survey on the agenda today
Risk tones are keeping more defensive again, with stock futures pointing lower alongside Treasury yields. The…
Continue ReadingAUDUSD trades to lowest level since May 2020
The AUDUSD has not escaped the run higher in the USD today. Looking at the daily chart below,…
Continue ReadingGBP/USD Technical Analysis: Sterling Price Under Constant Pressure
The political division in Britain increased, and the Brexit parties’ skirmishes appeared, along with the economic…
Continue ReadingEUR/USD Forecast: Euro Continues to Show Signs of Weakness
The Euro initially tried to recover on Thursday but then turned around to show signs of…
Continue ReadingCurrency traders prepare for a world where one euro is worth less than a dollar
Eurotraders are speculating how far the currency could fall below $1. The single currency may fall even…
Continue ReadingBRITISH POUND: FORECASTS FROM SEVEN MAJOR BANKS, DOWNSIDE RISKS TO PERSIST
During June, the pound weakened notably against the US dollar from 1.2613 to 1.2155. As we…
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