Analytics and news of the Forex currency market
China worried about 5-week fall of yuan against dollar
Created on August 18, 2023, 12:23 pm
The dollar slipped on Friday but remains set for a fifth consecutive week of gains in its longest winning streak in 15 months, fueled by demand for...
Technical picture for the EURUSD pair in the Forex currency market
Created on August 1, 2023, 8:09 am
The euro weakened against the US dollar last week. However, the broader technical bullish EUR.USD remains in place. This is because on...
SEC asks Coinbase not to trade cryptocurrencies other than Bitcoin
Created on July 31, 2023, 7:44 am
The U.S. Securities and Exchange Commission (SEC) has asked Coinbase (COIN.O) to stop trading in all cryptocurrencies other than bitcoin, CEO Brian...
Technical analysis of the Japanese yen and the USDJPY currency pair
Created on July 17, 2023, 11:27 am
Our previous technical forecast for the Japanese yen and the USDJPY currency pair was absolutely correct and worked 100% correctly. Link...
Forecast and analysis of EURUSD and EURGBP pairs in the Forex currency market
Created on July 13, 2023, 12:14 pm
The latest US inflation report showed that price pressures have eased more than expected, a much-needed boost for the Federal Reserve as they...
Technical analysis on USDJPY and the possible start of interventions by the Bank of Japan
Created on June 28, 2023, 9:40 am
Analysts say BOJ intervention to buy the yen is likely if USDJPY trades in the 145-150 range. They note that the current policy of the Bank of...
Euro under pressure amid bad news from France and Germany
Created on June 23, 2023, 8:59 am
Strong level 1.0805 The euro and eurozone government bond yields tumbled on Friday after economic data showed French business activity fell...
British pound falls on UK inflation data
Created on June 21, 2023, 9:07 am
KEY INFLATION INDICATORS IN THE UK: Core inflation rate y/y (May) actual 7.1% against forecast 6.8%. Inflation rate y/y (May) actual 8.7%...
The yen continues to fall as the Bank of Japan adheres to the policy of economic growth
Created on June 16, 2023, 2:32 pm
Bank of Japan Governor Kazuo Ueda has vowed to maintain ultra-low interest rates while downplaying inflationary risks. The USDJPY rose at the...