FOREX
HomeFOREX
ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
Jennifer -
GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
Jennifer -
GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady...
Jennifer -
EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing...
Jennifer -
Explore more
The average production cost of Tesla’s electric cars has dropped to $36,000, less than half of what it was in 2017
jack wei -
According to foreign media reports, Martin Viecha, Tesla’s head of investor relations, revealed that in 2017 Tesla’s cost of producing each car was $84,000,...
The Fed’s hawkish stance doesn’t mean the dollar has peaked
jack wei -
In European trading on Tuesday (September 13), the US dollar index fell from a high level and is currently trading around 108. As of...
UK unemployment falls to lowest level since 1974
jack wei -
In the European session on Tuesday (September 13), the latest price of GBP/USD was 1.1723, and the opening price was 1.1682. Britain's unemployment rate...
The Fed must face greater challenges, and the intensity of monetary policy may be reduced
jack wei -
In European trading on Tuesday (September 13), the US dollar index rose and fell, temporarily reporting 107.97, a decrease of 0.30%. Since then, it...
The European Central Bank raises interest rates by the most, but it does not bring an effective boost to the euro
jack wei -
In European trading on Tuesday (September 13), EUR/USD rose, temporarily reporting 1.0147, or 0.26%. The European Central Bank recently announced that it will raise...
Institutional Analysis: Weakening of the US dollar index DXY pushes up precious metal prices
jack wei -
On September 12, gold and silver prices rose sharply on Monday, mainly driven by the sharp fall of the US dollar index again. The yield...
Today, the US dollar index DXY fell 18 points in the short-term
jack wei -
Today, the US dollar index DXY fell 18 points in the short-term and is now at 108.03.
U.S. Bureau of Labor Statistics: Total employment may increase from 158.1 million to 166.5 million in the next decade
jack wei -
On September 8, local time, the U.S. Bureau of Labor Statistics released the 2021-2031 employment forecast report, showing that between 2021 and 2031, the...
Official: the Japanese government must take measures to deal with the “excessive” fall of the yen
jack wei -
Seiji Kihara, Deputy Chief Cabinet Secretary of prime minister Fumio Kishida's government, said on Sunday that the Japanese government must take measures as needed...
Ukraine’s GDP in the second quarter fell by nearly 40% year-on-year, the central bank kept interest rates unchanged at 25%
jack wei -
On Thursday (September 8), local time, the latest data released by Ukraine’s Bureau of Statistics showed that the country’s gross domestic product (GDP) expanded...
The currency is devalued by 45% and the country is bankrupt! Dollar soars, yen falls back to 25 years ago
jack wei -
Influenced by geopolitics, the Fed's interest rate hike and other factors, the exchange rate of major currencies in the world against the US dollar...
The European Central Bank raises interest rates by the most in 20 years, and the euro approaches a 20-year low
jack wei -
European Central Bank President Christine Lagarde said there will be more rate hikes ahead, but 75 basis point hikes will not be the norm. On...