United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
By Sagar Dua United States. The US dollar is losing ground against the yen and showing mixed performance against the euro and the pound.
By Sagar Dua This week, the EUR/USD pair climbed to the 1.1555 area but then lost its gains following the release of the Federal Reserve’s policy decision.
By Sagar Dua The AUD/USD pair is forming a trading range between 0.7140 and 0.6985 as the market awaits new catalysts to drive further movement.
By Sagar Dua The USD/JPY pair is once again holding near the psychological 160.00 level, extending Wednesday’s bullish momentum, when the US dollar managed to recover previously lost ground in a single session. The main driver behind this sharp move was the outcome of the Federal Reserve’s two-day monetary policy meeting: as expected, officials kept the interest rate unchanged in the 3.50–3.75% range, noted the positive pace of economic recovery, acknowledged that job growth remains relatively weak, and reaffirmed their commitment to the long-term 2.0% inflation target.
By Sagar Dua United States. The US dollar is showing mixed performance against the euro, the pound, and the yen.
By Sagar Dua After reaching a yearly high at 159.75, USD/JPY is correcting lower, while the yen is strengthening, supported by macroeconomic data and official commentary.
By Sagar Dua The pound is gaining ground against the US dollar, extending its bullish momentum during the morning session on March 18 and testing the 1.3370 level for a breakout, while investors and forex traders prepare for the release of the results of the Federal Reserve’s two-day meeting today at 20:00 (GMT+2). According to the CME FedWatch Tool, there is a 99.1% probability that the interest rate will remain unchanged in the current 3.50–3.75% range. However, the updated dot plot and Fed Chair Jerome Powell’s comments on the near-term outlook for monetary policy will be far more important, especially given the escalation of the Middle East crisis and the acceleration of inflation in February.
By Sagar Dua Against the backdrop of volatility in the US dollar, the EUR/USD pair is moving within a corrective trend, holding near 1.1538 while remaining under pressure due to disruptions in oil supplies from the Persian Gulf region.
By Sagar Dua The United States. The US dollar is losing ground against the pound and showing mixed dynamics against the euro and the yen.
By Sagar Dua During the morning session, the EUR/USD pair is edging lower after yesterday’s bullish move, holding near the 1.1500 level as investors await the release of European macroeconomic data.
By Sagar Dua The US dollar is trading near the July 2024 highs, which were refreshed at the end of last week, testing the 159.43 mark during the Asian session.
By Sagar Dua United States. The U.S. dollar is strengthening against the euro, the pound, and the yen.
Forex analysis helps traders figure out where a currency pair might move next and guides their trading decisions. It’s a daily tool for planning entries and exits, based on two main approaches. Fundamental analysis looks at the broader economy: growth, inflation, and especially central bank policy on interest rates. Technical analysis studies past price movements, chart patterns, and signals that tend to repeat over time. Together, these methods give traders a clearer picture of the market and improve decision-making.
