USD/CAD Forecast: Edges lower to 1.3650 ahead of jobs data
The USD/CAD pair struggles to build on its gains registered over the past two days and trades with a mild negative bias during the Asian session on Friday. Spot prices,…
EUR/USD Forecast: Holds above 1.1700; bulls seem hesitant ahead of NFP
The EUR/USD pair trades with a mild positive bias around the 1.1730-1.1735 region during the Asian session on Friday and, for now, seems to have stalled the previous day's modest…
April NFP expected to rise by 62K after strong March surprise
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for April on Friday at 12:30 GMT. Investors will scrutinize the underlying details of the…
USD/JPY Recovery Strengthens As Markets Await Key NFP Catalyst
Key Highlights USD/JPY started a recovery wave from the 155.00 support zone. A bullish trend line is forming with support at 156.45 on the 4-hour chart. EUR/USD is now at…
US Dollar Index slips to near 98.00 as renewed US-Iran tensions de-escalate
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous day and…
Australian Dollar holds steady above 0.7200 vs USD on Iran risks, NFP
The AUD/USD pair finds some support near the 0.7200 mark during the Asian session on Friday, though it struggles to gain any meaningful traction amid persistent geopolitical uncertainties. Nevertheless, spot…
EUR/USD edges higher above 1.1700 on US-Iran peace optimism, US NFP data looms
The EUR/USD pair posts modest gains around 1.1730 during the early Asian session on Monday, supported by growing optimism surrounding a potential US-Iran peace deal. Markets might turn cautious later…
Iran and Israel report separately that hostility flare up has ended at present
Iran and the US exchanged missiles and more:Reports filtering in that Iran launched missiles at US Navy shipsUS strikes Bandar Abbas and Qeshm as Gulf tensions surge past ceasefireUS CENTCOM…
S&P 500 Wave Analysis – ActionForex
S&P 500: ⬆️ Buy S&P 500 reversed from support level 7200.00 Likely to rise to resistance level 7400.00 S&P 500 index recently reversed up from the support level 7200.00 (former…
The USD is modestly lower as hope springs eternal for peace. Stock higher. Yields lower.
As the North American session gets underway, Treasury yields are moving modestly lower, with the 2-year yield down -2.1 basis points at 3.51% and the 10-year yield lower by -2.2…
