May 9 2023 🕓 3 min
AUD/USD dips as crucial resistance holds – will bulls break it?
The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
January 5 2023 🕓 3 min
GBP/USD is stuck near 1.20 as investors seem indecisive
The calm before the storm in the GBP/USD pair?
January 4 2023 🕓 3 min
USD/JPY attacks 130 handle; bears remain convincing
Volatility will likely remain elevated today as several important US macro events are on the agenda.
January 3 2023 🕓 3 min
EUR/USD plunges on the first trading day of 2023
This is the first trading day of the new year, and the EUR is under severe selling pressure.
January 2 2023 🕓 4 min
Croatia thinks of euro adoption as a safe decision – here’s why
Croatia finally adopted the common EU currency. The nation thinks this is a secure and unifying step, which will boost the economy.
January 2 2023 🕓 3 min
AUD/USD stays near its cycle highs
Volatility will be minimal today, but this week's US data could bring some interesting movements in the FX market.
December 28 2022 🕓 2 min
EUR/GBP is poised to continue in its consolidation
EUR/GBP declined to move above a crucial resistance 0.8850, suggesting it may continue downward to 0.8550.
December 27 2022 🕓 2 min
USD/CAD in trouble – is another decline on the way?
Loonie has recently shown strength, but several signals point to another potential downtrend on the currency pair.
December 23 2022 🕓 3 min
EUR/USD trades choppy ahead of US data
Volatility will likely be low today as most market players are already off celebrating Christmas.
December 22 2022 🕓 3 min
Is GBP/USD heading for a serious decline?
We might see a downtrend in GBP/USD pair as the technical situation looks kind of bullish heading into the new year.
December 21 2022 🕓 3 min
EUR/JPY fights for 200-day moving average
Volatility will likely remain elevated, despite the ongoing Christmas holiday period.
December 20 2022 🕓 3 min
NZD/USD rejected major resistance – what’s next?
Kiwi refused to rise above 0.6500, implying the temporary uptrend may be over. The comeback of the US dollar could send NZD/USD down again.
December 20 2022 🕓 3 min
USD/JPY collapses after surprise BoJ policy shift
Massive volatility came in the Asian session as the BoJ surprised investors and sent the JPY sharply higher.