USD Price Outlook: US Dollar Sinks as Euro Rallies to 1.2300
USD price action weakened broadly on Wednesday and sent the US Dollar Index plunging to fresh yearly lows as the Euro extended its rally to the 1.2300-level.
Read More »USD Price Outlook: US Dollar Braces for Fed Decision, PMI Data
US Dollar veered back toward two-year lows as USD price action weakened against major FX peers like the Pound, Canadian Dollar, Yen and Euro. Volatility may accelerate with PMI data…
Read More »USD Price Outlook: US Dollar Bears Attempt Another Push
US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY…
Read More »EUR/USD Price Analysis: Euro attempting a bearish channel breakout on 4H chart
EUR/USD trades near 1.2145, having rallied by 0.46% from 1.2078 to 1.2134 on Thursday, snapping a four-day losing trend. The 4-hour chart shows the pa
Read More »EUR/USD Price Analysis: Bulls continue to defend 1.21
EUR/USD continues to hold the psychological support of 1.21 for the third straight day despite the dovish European Central Bank (ECB) expectations. Wi
Read More »Australian Dollar Outlook: AUD/USD May Rise, Overbought Conditions Eyed
Sentiment continued to lift across markets, pushing AUD/USD to fresh multi-year highs in the New York trading session. Meanwhile, the US Dollar's downward spiral intensified. A lack of data prints…
Read More »Australian Dollar Analysis: AUD/USD Eyes 2020 High on Optimistic Sentiment
The risk-sensitive Australian Dollar was propelled higher along with a record-breaking day on Wall Street as markets cheered an improved picture for the 2021 outlook. The Asia-Pacific session may l…
Read More »Sterling (GBP) Outlook Mired by Brexit's Own Groundhog Day
The EU and UK continue their post-Brexit trade talks, stressing that a deal is within reach, but neither side is prepared to move to get a deal over the line….
Read More »US Dollar Forecast: DXY Index Stuck in Range as Fed-Treasury Fight Goes Public
Will the Fed-Treasury disagreement help or hurt the US Dollar?
Read More »Euro Forecast: EUR/USD May Extend Last Week's Losses
The falls in EUR/USD early last week came as a surprise to many analysts, but an extension of those declines this week would be no shock as easier Eurozone monetary…
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