FX:EURJPY The uncertainty of the peace agreement between Russia and Ukraine, still weakens the euro against the yen. Japan's inflation increase of 0.5% in February 2022 to 0.9% indicates an economic movement in accordance with the Japanese government's desire to achieve the inflation target. The au Jibun Bank Japan Manufacturing PMI increased to 53.2 in March...
FX:EURAUD The correction that occurred in the Australian currency was caused by a decrease in the trade balance in that country, causing corrections in several Australian currency pairs such as, AUD/USD , GBP/AUD , EUR/AUD and so on. Bearish potential still exists in the pair EUR/AUD Need to be careful, the rising inflation rate in Europe due to the turmoil of...
FX:GBPAUD The correction that occurred in the Australian currency was caused by a decrease in the trade balance in that country, causing corrections in several Australian currency pairs such as, AUD/USD, GBP/AUD, EUR/AUD and so on. Bearish potential still exists in the pair GBP/AUD
FX:EURGBP EURGBP enters a crucial demand area . If the pair is able to enter the 0.837 area closed with a bearish candle, the price probably will move down to the 0.837 area
FX:AUDUSD March 5, 2022, the RBA will announce its interest rate decision. If interest rates remain (0.1%) a pullback will likely occur in the audusd pair, which will allow us to take long positions in the pair.
FX:USDCHF greenback correction against swissy with the release of US business economic data. ISM - Non Manufacturing PMI ( March 2022) Actual : 58.3 Expected: 58.4 Pervious : 56.5
FX:GBPUSD The pair's consolidation area is between 130.6 - 131.6 A few days ago, forecast of this pair's movement was sideways tending to be bearish. And that view has not changed, as there has been no significant economic progress between the two pairs. GBPUSD is likely to move down when the Fed raises interest rates in May.
FX:USDJPY correction up for USDJPY pair after after the US PMI manufacturing data was released. ISM - Non Manufacturing PMI ( March 2022) Actual : 58.3 Expected: 58.4 Pervious : 56.5
FX:GBPJPY declining levels of business satisfaction in the UK affect the decline in the pound sterling. This causes the movement of the Pound against the Yen tends to be bearish.
FX:GBPUSD Increase in US interest rates by 0.5%, strengthening the US dollar. On the one hand, the United Kingdom also increased interest rates by 0.75%, making Pound sterling move sideways against the American dollar.
FX:NZDCHF An increase in the benchmark interest rate of New Zealand by 1% was able to make the New Zealand currency crawl up. Moreover, with the improvement in the business index and a reduced trade deficit, New Zealand's currency strengthened to its highest level this year. However, it should also be noted that Switzerland is also a country whose economy is...
JUST my opinion follow with your own risk Gbp fundamental still bad and canada fundamental is good
FX:EURUSD EURUSD is moving sideways ( range 1.12 - 1.08 ) due to the unclear peace agreement between Russia and Ukraine. ISTANBUL/KYIV OUTSKIRTS/MARIUPOL, Ukraine, March 29 (Reuters) - Russia promised on Tuesday to scale down military operations around Kyiv and another city but the United States warned the threat was not over as Ukraine proposed adopting a...
FX:AUDUSD US Government Debt getting higher, makes dollar weaken. Actual : 137.2 Pervious : 128.10 Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. USA GDP Growth Rate QoQ Final (Q4) Actual: 6.9% Expected:...
US Goverment Debt getting higher, makes dollar weaken. Actual : 137.2 Pervious : 128.10 Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. USA GDP Growth Rate QoQ Final (Q4) Actual: 6.9% Expected:...
YEN CHALLENGE The BOJ's aggressive efforts to cap yields pushed the yen to six-year lows against the dollar, which could add to the strains facing households and retailers by inflating already soaring raw material import costs. Finance Minister Shunichi Suzuki said Tokyo was carefully watching currency moves to avoid a "bad" yen fall that hurts the economy,...
The euro currency is still pressured by the Fed's interest rate hike and the improving American economy, coupled with the uncertainty of the Ukraine vs Russia war, made the euro against the dollar still weaken.
The au Jibun Bank Japan Manufacturing PMI increased to 53.2 in March 2022 from a final 52.7 a month earlier, which was the weakest growth since last September, signalling a moderate improvement in the sector, amid declining Covid-19 infections, preliminary data showed. Output returned to expansion territory, albeit only marginally, while new order growth eased to...