On Tuesday, July 16th, the Australian dollar (AUD) fell by 0.4% against the US dollar (USD), closing at 0.6733. Earlier in the day, the pair had dropped to a low of 0.6712. This decline was driven by...
The British Pound (GBP) has been showing strength against the US Dollar (USD) recently, driven by several key factors. Let’s break down the main drivers and potential future scenarios for the GBP/USD pair. 1. Interest Rate Differentials...
The EUR/USD pair has seen a significant rally recently, climbing from the 1.07 level to touch a high of 1.0911 last week – its highest point since June 7th. The pair closed at 1.0907 on Friday, marking...
The USD/JPY pair continued its downward trajectory on Friday (July 12th), closing 0.56% lower at 157.91 in New York trading. This follows Thursday’s significant drop, with the pair briefly touching 157.30, its lowest level since June 17th....
By Murray Gunn | Global Rates & Money Flows editor I have spent much of my career among professional traders. By nature, traders are a betting crowd; if they can’t bet on the markets, they’ll bet on something else....
On Tuesday, July 9th, the USD/JPY pair increased by 0.29%, closing at 161.28. This keeps the pair just below the 38-year high of 161.95 reached last week. Key Factors Influencing USD/JPY Upcoming Events to Watch Technical Analysis...
The British Pound (GBP) has shown impressive strength against the US Dollar (USD) recently, extending its upward move from 1.2612 to reach a high of 1.2845. However, the pair is now facing resistance at the 1.2860 level,...
On Monday, July 8th, the Australian dollar (AUD) closed at $0.6737 against the US dollar (USD), down 0.18% for the day. This slight adjustment comes after the AUD/USD pair reached a six-month high of 0.6761 in Asian...
On Monday, July 8th, the USD/JPY pair closed slightly higher at 160.76 in New York trading, up a modest 0.02%. This minor gain can be attributed to some short-covering in the dollar index following Friday’s decline, temporarily...
Since last week, the euro has been gaining strength against the dollar, continuing its upward trend yesterday and briefly touching a high of 1.0844. Key Factors Influencing the Euro’s Performance The main driver behind the euro’s exchange...
