Forex Opinion & Analysis

EUR/JPY Stays Above An Upside Support Line

EUR/JPY Stays Above An Upside Support Line

EUR/JPY traded slightly higher today, after hitting support at the 130.15 level. Overall, the pair remains above the upside support…
Risk-On Mood Maintains Yen Above 115

Risk-On Mood Maintains Yen Above 115

On the final day of 2021, the major currency pairs are in a tight range. USD/JPY is showing little movement…
Euro Hovers At 1.13 Line

Euro Hovers At 1.13 Line

On the final day of 2021, the major pairs are stuck in tight ranges. The euro is trading quietly at…
Pound Hits 7-Week High

Pound Hits 7-Week High

The British pound is trading quietly in the European session, at 1.3515. The pound is up 0.90% this week, after…
Australian Dollar Edges Higher

Australian Dollar Edges Higher

It has been a fairly quiet Christmas week for the Australian dollar. Currently, AUD/USD is trading around 0.7260. This week…
Week Ahead – NFP report to kick off New Year, inject life into muted FX market

Week Ahead – NFP report to kick off New Year, inject life into muted FX market

Markets have been dead quiet during the holiday period but the upcoming week is guaranteed to bring increased volatility. The…
Euro Slips Below 1.13 But Recovers

Euro Slips Below 1.13 But Recovers

The euro lost ground earlier on Thursday but has recovered most of these losses. EUR/USD is currently trading at 1.1337,…
U.S. Dollar-Yen Recaptures 115

U.S. Dollar-Yen Recaptures 115

The U.S. dollar has again pushed the Japanese yen above the 115 line, after breaking through the symbolic level on…
U.S. Records New Daily High Infections As Dollar Slumps

U.S. Records New Daily High Infections As Dollar Slumps

At the beginning of the US trade, both the euro and the pound sterling showed a rapid rise. The US…
USD/TRY Rebounds After A Nosedive

USD/TRY Rebounds After A Nosedive

Following last week’s historic plunge due to intervention tactics by the Turkish government and central bank, USD/TRY recovered after hitting…
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