Last week ended with gains in the cryptocurrency and gold markets, while Brent crude oil remained under pressure from sellers. The EUR/USD pair is showing signs of a downward correction. In the coming days, investors will be assessing whether these trends will continue, with a focus on monetary policy expectations and key macroeconomic releases, including…
The pair trades near 145.00, correcting from recent highs amid renewed Dollar softness. NFP beats expectations at 177K, but weak ISM and GDP data revive Fed rate cut bets. Bearish bias persists; key resistance at 145.52 and support at 144.42 with neutral RSI and MACD. USD/JPY pulls back toward the 145.00 area on Friday after…
The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade negotiations. With the BoJ expected to hold steady, JPY remains vulnerable to external risks and policy inertia, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Focus on data, trade, and…
The past trading week was marked by notable growth across currency and commodity markets. The euro strengthened against the US dollar, bitcoin continued its movement within an ascending channel, gold showed aggressive growth, while Brent oil remained under pressure from sellers. In the coming days, investors should be prepared both for the continuation of existing…
Last week closed with notable fluctuations across most major markets. The euro strengthened against the dollar, while gold and bitcoin continued their upward movement despite signs of a potential correction. Brent remains under pressure, though there are attempts to rebound from local lows. In the coming week, market participants will be closely watching macroeconomic data…
💶 EUR/USD The EUR/USD pair ended last week with strong gains near the 1.1360 mark. Nevertheless, the moving averages still point to a bearish trend. The price broke above the zone between the signal lines, signalling pressure from buyers and the potential for continued growth. In the coming week, a bearish correction is likely, with…
🌍 General Outlook for the Week The first week of April was eventful, with markets reacting to fresh macroeconomic data, import duties announced by US President Donald Trump, and expectations surrounding the monetary policies of the Fed and the ECB. Volatility increased across currency, commodity, and cryptocurrency markets. In the upcoming week from April 7…
🌍 General Outlook The final week of March was marked by high volatility across financial markets. Investors analysed inflation data, interest rate dynamics and geopolitical developments, all of which impacted major currency pairs, commodity prices and cryptocurrency quotes. Looking ahead, the start of a new month and a new quarter is likely to bring increased…
Last week, financial markets showed mixed dynamics. The US Federal Reserve held its meeting, the outcome of which supported the US dollar. Gold prices hit new all-time highs, surpassing the $3,000 per ounce mark, amid economic concerns triggered by the tariff policies of President Donald Trump. Brent crude oil traded within a narrow range, reflecting…
The Greenback made a U-turn, building on Wednesday’s post-FOMC recovery and climbing to weekly highs as investors reassessed the Federal Reserve’s lack of urgency in cutting rates. Here is what you need to know on Friday, March 21: The US Dollar Index (DXY) regained the smile and returned to the area beyond the 104.00 barrier…