Forecasts & Analysis | Currencies
US Dollar Forecast: EUR/USD, GBP/USD React to $104.365 Surge & Market Shifts
As the US Dollar climbs to $104.364, EUR/USD and GBP/USD navigate through turbulent waters, hinting at shifts in forex market dynamics.
AUD to USD Forecast: RBA Minutes Hint at Rate Hikes Amidst Inflationary Concerns
RBA Meeting Minutes hint at policy uncertainties amidst lingering concerns over inflation and economic outlook, influencing the AUD/USD.
USD/JPY Forecast: BoJ Exit Strategy Sparks Interest Amid Recession Concerns
Recent economic data may dampen expectations of Fed rate cuts, but investors keenly await FOMC member comments for USD/JPY direction.
USD/JPY Forecast – US Dollar Levitates Against Japanese Yen
Although it was Presidents’ Day in the United States, there was a little bit of choppy behavior in the USD/JPY pair, as we continue to hang around a crucial and familiar level.
EUR/USD Forecast – Euro Continues to See Overhead Pressure
The euro has rallied slightly during the course of the trading session on Monday, but it’s worth noting that it was Presidents’ Day in the United States, therefore it’s likely that we continue to see a lot of hesitation.
The Markets Today: US Invests $1.5 Billion in Semiconductor Renaissance
US boosts chip industry with $1.5B for GlobalFoundries, aiming to enhance NY, VT facilities & support national semiconductor projects.
US Dollar Forecast: DXY Up 0.19% on Retail Boost, EUR/USD Eyes German Report Impact
Following a 0.19% uptick, the DXY’s rise reflects strong US retail data, setting the stage for EUR/USD’s reaction to an upcoming German report.
USD/JPY Forecast: Intervention Risks, BoJ Pivot Hints, and Fed Tones Guide Prices
USD/JPY’s bullish signals tempered by intervention threats. Investor focus on BoJ’s pivot possibilities and Fed’s rate trajectory.