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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
Dollar Is Giving EUR/USD Every Chance to Rally. So What's Holding Euro Back?

Dollar Is Giving EUR/USD Every Chance to Rally. So What's Holding Euro Back?

TL;DR: EUR/USD has nearly everything bulls could ask for — a weaker Dollar, fading Fed hike bets, and rising ECB hike odds — yet the pair hasn't broken out, because Euro itself isn't confirming the move broadly across its other crosses.

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EURUSD EUR/USD
Source: Action Forex
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Source: Invezz News Agency
1 month ago
Forex Medium Importance
USD/JPY forecast as US and BoJ forex intervention backfires

USD/JPY forecast as US and BoJ forex intervention backfires

The Japanese yen continued its recent retreat, reaching its lowest level since July 31 as the recent US intervention backfired. The USD/JPY pair rose to 159.43, up by 2.72% from its lowest level this month.

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USDJPY USD/JPY
Source: Invezz
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