Forex Opinion & Analysis
EUR/JPY Stays Above An Upside Support Line
31.12.2021
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
31.12.2021
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
31.12.2021
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
31.12.2021
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
30.12.2021
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
30.12.2021
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
30.12.2021
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
30.12.2021
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
30.12.2021
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
30.12.2021
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…