Content
All Posts > Content under Currencies/Forex
US Dollar Commentary - Friday, April 26
Article By:
James Harte
Read
Friday, April 26, 2024 5:06 AM EDT
The US Dollar continues to soften on Friday as traders digest a weaker-than-forecast advanced GDP print yesterday.
In this article: UUP
Daily Market Outlook - Friday, April 26
Article By:
Patrick Munnelly
Read
Friday, April 26, 2024 4:13 AM EDT
Asian equities saw gains today following strong US tech earnings, rebounding from yesterday's sell-off in both US equities and bonds triggered by Q1 GDP data showing slower growth and stronger inflation than anticipated.
EUR/USD Forecast: Euro Continues To Grind A Bit Higher
Article By:
Christopher Lewis
Read
Friday, April 26, 2024 4:00 AM EDT
61.8% Fibonacci retracement level is right at the 50 day EMA, and so that's also an area that you'll need to pay attention to.
Elliott Wave Technical Analysis: Euro/U.S.Dollar Forex
Article By:
Peter Mathers
Read
Friday, April 26, 2024 3:10 AM EDT
The EUR/USD Elliott Wave Analysis for the Day Chart identifies a trend with impulsive characteristics, reflecting significant and consistent movement in one direction within the Elliott Wave structure.
NZD/USD Remains Firmer Around 0.5950 Due To Improved Risk Appetite
Article By:
Akhtar Faruqui
Read
Friday, April 26, 2024 2:50 AM EDT
The NZD/USD pair showed positive movement, trading around 0.5960 during the Asian session on Friday. The New Zealand Dollar (NZD), known for its sensitivity to risk sentiment, gained momentum as risk appetite improved, supporting the NZD/USD pair.
In this article: UUP
EUR/JPY Extends Rally Above 167.50 Following BoJ Rate Decision
Article By:
Lallalit Srijandorn
Read
Friday, April 26, 2024 1:30 AM EDT
The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday.
Financial Markets Report For Thursday, April 25
Video By:
Ira Epstein
Watch
Thursday, April 25, 2024 8:50 PM EDT
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, April 25.
In this video: FXE, TSLA, DIA, FXB, FXY, IEF, IWM, OIL, SPY, UCO, UNG, USO, UUP, NDX, SPX, BITCOMP, MSFT, GOOGL
USD/CAD Extends Its Downside Below 1.3670, Investors Await US PCE Data
Article By:
Lallalit Srijandorn
Read
Thursday, April 25, 2024 8:30 PM EDT
The USD/CAD pair extends its downside near 1.3655 on Friday during the early Asian session. The decline of the US Dollar (USD) to the two-week lows around the mid-105.00s exerts some selling pressure on the pair.
EUR/USD Mired Near 1.0730 After Choppy Thursday Market Session
Article By:
Joshua Gibson
Read
Thursday, April 25, 2024 8:10 PM EDT
EUR/USD whipsawed somewhat on Thursday, and the pair is heading into Friday's early session near 1.0730 after a back-and-forth session and complicated US data that vexed rate cut hopes.
Gold Price’s Behavior Is… Normal
Article By:
Przemyslaw Radomski, CFA
Read
Thursday, April 25, 2024 1:07 PM EDT
Gold broke below its rising support line, and it’s now verifying this breakdown by moving back to this line and taking a breather in general. This is a completely normal post-breakdown phenomenon.