Market Analysis: EUR/USD Tumbles, USD/JPY Eyes More Gains
EUR/USD declined from the 1.0450 resistance and traded below 1.0300. USD/JPY is rising and might gain pace above the 158.00 resistance. Important Takeaways for EUR/USD and USD/JPY…
USD/MYR Signal Today 06/01: Poised for Breakout (Chart)
Created on January 06, 2025 Potential signal: I would be a buyer of the US dollar at 4.53 MYR. I would have a stop loss at 4.47…
Taiwan forex reserves down at year-end on central bank intervention
Taipei, Jan. 6 (CNA) Taiwan’s foreign exchange reserves were down at the end of December from a month earlier as its central bank stepped in to prevent…
Dollar Index Loses Grip on Two-Year High as Traders Brace for US Jobs Data — TradingView News
Key points: Dollar retreats across the board Forex traders eye nonfarm payrolls Euro, yen, sterling hurt by dollar bulls Illustration by TradingView Volatility is expected throughout the…
DAX, Oil Forecast: Two trades to watch
DAX rises after PMIs improve, inflation data is due German Services PMI rises to 51 German CPI is expected to rise to 2.4% from 2.2% DAX tests…
![An employee arranges stacks of bank notes at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on Jan. 6. [NEWS1]](https://cumlaude.fun/wp-content/uploads/2025/01/Koreas-forex-reserves-record-first-rebound-in-three-months-300x300.jpg)
Korea’s forex reserves record first rebound in three months
An employee arranges stacks of bank notes at Hana Bank’s Counterfeit Notes Response Center in Jung District, central Seoul, on Jan. 6. [NEWS1] Korea’s foreign reserves edged…
USD/CAD Outlook: Trudeau’s Likely Resignation Boosts CAD
Canada’s Prime Minister Justin Trudeau might resign as early as Monday. The US will release figures showing the state of the labor market this week. Market participants…
Forex Signals Brief January 6: Forex Traders Are Back at Work, Starting 2025 with Inflation Data
eth-usd Skerdian Meta•Monday, January 6, 2025•4 min read Add an article to your Reading List Register now to be able to add articles to your reading list….
Any potential Dollar weakness may be short-lived
Over the festive season, FX markets held steady. Yet the dollar consistently bucked the typical seasonal downtrend, drawing unexpected strength, even as a brief rally in US…
AUD/USD Forecast: Aussie Bounces Back as Dollar Bulls Fade
The US will release key figures showing the country’s employment state. Markets remain uncertain about the looming shift in leadership in the US. Economists expect inflation in…