Forex

USD/CHF Fails to Attain 0.9000 As Poor US Data Hit the Greenback

The USD/CHF pair pulled back from weekly highs as underwhelming US data undermined the greenback in the New York session.…

May 27, 2021, 18:42 BST

GBP/USD Rises; Aims for 1.4200 On Weak US Data

The GBP/USD pair hit 2-day highs during the New York session, as underwhelming US data put the greenback on the…

May 27, 2021, 17:00 BST

USD/ZAR in Oversold Territory After Hitting Lowest Level Since 2019

USD/ZAR is at a 28-month low at 13.70 as a reaction to South Africa’s PPI numbers. According to Statistics South…

May 27, 2021, 11:45 BST

EUR/USD Back to Where It Started the Trading Week – What Next?

The tight ranges in financial markets are illustrated by the recent price action in the EURUSD. Basically, the main pair…

May 27, 2021, 08:34 BST

GBPUSD Price Fails To Clear 1.4200, Suggests 1.4000 Next Stop

After failing to clear the 2021 high at 1.4241, GBPUSD is turning lower and looks likely to test support at…

May 27, 2021, 02:32 BST

EUR/NOK Outlook: Nordea Bank Sets a Year-End Price Target of 9.75

Even though the EUR/NOK has rallied in the last few weeks as a result of falling oil prices, Nordea Bank…

May 26, 2021, 18:24 BST

USD/CAD Rises to 1-Week Highs On Falling Crude Oil Prices

The USD/CAD is trading higher on the day as the loonie returned some of the past few days' gains. This…

May 26, 2021, 15:45 BST

USD/CAD Finds Strong Support at 1.20, Bullish Reversal Possible

One of the weakest currency pairs during the pandemic, the USD/CAD, found strong support at the 1.20 area. While not…

May 26, 2021, 09:13 BST

EUR/USD Bearish RSI Divergence Calls for a Reversal

The EUR/USD pair bullish run continues, as it did for the entire month of April and May so far. However,…

May 26, 2021, 08:45 BST

NZD/USD Spikes Following RBNZ’s Hawkish Tone

NZD/USD has spiked as the market reacts to the interest rate decision by the Reserve Bank of New Zealand (RBNZ).…

May 26, 2021, 07:57 BST