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December 20, 2024

USD/JPY Strengthens Post-Fed Meeting: Can the Momentum Last?

USD/JPY surged following the latest Federal Reserve meeting, gaining strength above the 154.20 resistance level. The pair not only moved past the 100 and 200

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December 20, 2024

USD/CAD Approaches Multi-Year Highs Above 1.4400 Amidst Risk Aversion

USD/CAD retraces its recent losses, edging higher towards 1.4467, marking levels not seen since March 2020. The pair trades near 1.4410 during the Asian hours

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December 20, 2024

Gold and Silver Forecast: Fed Policies Restrain Gold Rally

Gold (XAU) and silver (XAG) prices remain under pressure from hawkish Federal Reserve policies and a robust dollar. Geopolitical uncertainties continue to heighten demand for

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December 20, 2024

EURGBP Gains Momentum Near 0.8300 Following UK Retail Sales Data

EURGBP shows strength, approaching the 0.8300 mark after the release of UK Retail Sales data. This data provides critical insights into consumer spending, influencing the

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December 20, 2024

NZDUSD Stabilizes Below 0.5650 as Market Awaits US PCE Data

NZDUSD recovered its daily losses, trading around 0.5640 during early European hours on Friday. This recovery halts a streak of losses but brings challenges from

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December 20, 2024

AUDJPY Plummets Below 98.00 Amidst Strong Japanese Inflation Data

AUDJPY retraced its recent gains, trading around 97.90 during the European session on Friday. This decline stems from a stronger Japanese Yen (JPY), driven by

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December 20, 2024

US Dollar Price Outlook: GDP Growth Fuels Market Confidence

The US Dollar continues to strengthen as Q3 GDP growth surpasses expectations, posting a notable increase of 3.1%. This positive economic outcome has enhanced market

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December 20, 2024

USD/JPY Price Forecast: Bulls Take a Breather; Eyes on US

The USD/JPY pair has shown some retreat after recently reaching an intraday high near the 158.00 mark, which indicates a five-month peak. The current market

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