The DXY currently trades ~1.73% higher than multi-year lows made in last week’s trading, now looks for support ahead of Friday’s NFP report A somewhat softened stance on tariffs, rumblings of the first successful trade deal, and a calming of Trump-Powell tensions have allowed the dollar to gain ground USD: Uncertainty surrounding tariffs The introduction […]
The post US Dollar Looks for Support Ahead of Job Data: EUR/USD, USD/JPY, and USD/CAD Analysis appeared first on Action Forex.
At the post meeting press conference, BoJ Kazuo Ueda acknowledged that the surge in global trade tensions, sparked by the US’s “reciprocal” tariffs, has sharply elevated uncertainty over global policy direction. He warned that these Read more…
GBP/USD started a downside correction from the 1.3450 zone. USD/CAD declined and now consolidates below the 1.3850 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound rallied above 1.3200 and 1.3320 before Read more…
Daily Pivots: (S1) 190.05; (P) 190.66; (R1) 191.33; More… GBP/JPY’s rise from 184.35 resumed by breaking through 191.70 and intraday bias is back on the upside. Further rally would be seen to 195.95 resistance next. Read more…