Canadian Dollar Showing Strength
The Canadian dollar has edged higher on Friday. In the European session, USD/CAD is trading […]
USDCAD Turns Bearish in Short-Term after Recent Slump
USDCAD broke the short-term sideways range to the downside in the preceding sessions, holding beneath […]
USD/CNH: Market Preparing for Bullish Growth in a New Wave
In the long term, the USDCNH pair is expected to form a large double zigzag […]
NZD/USD Extends Gains
The US dollar struggles as a slowing CPI foreshadows a dovish Fed. On the daily […]
EUR/USD Pair is Consolidating Gains from 1.0867
The Euro started a fresh increase from the 1.0730 zone against the US Dollar. The […]
We’d Be Cautious to Bet on a Dollar Reversal Now
Markets US December CPI was bang in line, coming in at 6.5% y/y (-0.1% m/m) […]
Underlying Price Pressures Moderating in the US
Market movers today We get the US 5-10 years consumer inflation expectations from the University of Michigan, […]
USD/JPY Nosedives and At Risk of More Downsides
Key Highlights USD/JPY started a fresh decline from the 134.80 resistance. It traded below a […]
Yen Gaining on Speculation of BoJ Action Next Week
Yen pairs are having another large sell-off today as speculation runs rampant that the BoJ […]
US December CPI Drops to 6.5% YoY; Lowest Level Since October 2021
It seems like the market has been waiting all week for the US December CPI […]
USDCHF Awaits Its Next Leg Higher; Bears Still Around
USDCHF is making another attempt at breaking above the 0.9300 level and the 20-day exponential […]
US Dollar Index: Triple Zigzag Pattern Likely to Complete Near 101.41
The DXY index chart shows the end of the global corrective trend, which took the […]