Logo-color Logo-white

The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald Trump, whose lead in critical states has fuelled investor optimism. This week, US political developments are poised to dominate market attention, with the […]

The post USDJPY Hits 14-Week High Amid US Election Dynamics appeared first on Action Forex.

previous

GBPUSD in the Red for Six Weeks

next

Dollar Index Outlook: Dollar Eases from New Multi-Month High in Likely Positioning for Fed Rate Decision

Read More

15/01/2024

EUR/USD Could Recover Unless This Level Gives Way

Key Highlights EUR/USD is holding the key 1.0880 support zone. A key rising channel is forming with support at 1.0935 on the 4-hour chart. GBP/USD is consolidating gains near the 1.2750 level. Gold prices could gain pace if it clears the $2,060 resistance level. EUR/USD Technical Analysis The Euro started a fresh decline from the […]
27/05/2024

EUR/USD Targets Further Upside: Bullish Momentum Builds

Key Highlights EUR/USD is showing positive signs above the 1.0800 support. It is eyeing an upside break above the 1.0880 resistance on the 4-hour chart. Gold price took a hit and declined below $2,350. GBP/USD could gain bullish momentum if it clears the 1.2750 resistance. EUR/USD Technical Analysis The Euro remained well-bid above the 1.0800 […]
05/09/2024

Another Day with US Labour Market Data on the Menu

In focus today The US ISM Services index is due for release for August in the afternoon. While the index has remained volatile over the past years, most leading services indicators have continued to signal solid growth ahead. ADP private sector employment growth is also due for release for August and could provide some hints […]