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U.S. Dollar Extends Decline Following Sharpest Drop Since 2022

The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...

Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns

Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...

Markets React as Powell Dismisses Recession Fears, USD Slips

Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...

USDCHF Price Sees Intraday Gains – Forecast for March 14, 2025

The USDCHF pair has shown positive movement, trading within a minor bullish channel observed on the chart....

EURGBP Sees Significant Gains – Forecast for March 12, 2025

The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315....

EURNZD Surges with Strong Gains – Forecast for March 10, 2025

The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of...

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EURJPY Faces Significant Losses, Enters Bearish Territory

The EURJPY pair has succumbed to a pronounced bearish bias, recently dipping below the 61.8% Fibonacci correction level at 160.20. This decisive move confirms...

Technical Analysis: GBPJPY Capitalizes on Positive Momentum

The GBPJPY pair has effectively shaken off the influence of corrective bearish pressures, notably encountering the MA55 at 183.23. A noteworthy development is the...

Technical Analysis: CHFJPY Shows Persistent Positive Momentum

The CHFJPY pair has demonstrated a continuation of positive closings, maintaining a favorable stance above the additional support at 166.70. This positive stability has...

GBPJPY: Correctional Decline Continues

The GBPJPY pair has affirmed its adherence to the corrective bearish bias by touching the 186.42 level, nearing the anticipated downside target. This bearish...

EURJPY: Bearish Momentum as Support Breaks at 161.70

The EURJPY pair has successfully breached the support line of the bullish channel at 161.70, signaling a shift towards the bearish track, reaching the...

Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever

Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...

Asian Currencies Surge on Fed’s Potential Pivot; New Zealand Dollar Gains Ground on RBNZ’s Hawkish Outlook

In a significant turn of events, the majority of Asian currencies experienced an upswing on Wednesday, fueled by less hawkish signals from Federal Reserve...

Asia FX Sees Gains as Dollar Hits 3-Month Low on Easing Fed Hike Fears

In recent trading sessions, most Asian currencies have advanced, driven by the increasing belief that the Federal Reserve has concluded its interest rate hikes,...

Currency Market Update: Dollar Softens to November Low, Yen Gains in Market Adjustment

In the latest developments in the currency market, the US dollar has experienced a dip, reaching its lowest point for November. The Bloomberg Dollar...

GBPJPY Encounters Resistance, Faces Potential Correction

The GBPJPY pair recently achieved the previously indicated positive targets, reaching 188.65, where it encountered a substantial barrier. This led to a swift correctional...

EURJPY Seeks New Momentum Amidst Temporary Correction

The EURJPY pair recently approached its second positive target at 163.80, but experienced a downturn influenced by a stochastic decline toward the 50 level....

Sterling’s Retreat Against Yen Reflects Anticipation of BoJ Policy Shift

In the realm of Asian trading, the British pound initially surged to its highest level against the Japanese yen in over a week, peaking...

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