
EUR/USD Retraces After Triple Bottom: Navigating Mixed Economic Signals
Dec 20, 2024 10:50 am UTC| Technicals
EUR/USD has once again gained after hitting a low of 1.03425. It reached an intraday high of 1.03980 and is currently trading around 1.03863. U.S. Economic Reports Impact Currency Performance On December 19, 2024,...

FxWirePro: USD/ JPY retreats slightly but trend is still bullish
Dec 20, 2024 10:33 am UTC| Technicals
USD/JPY drifted lower on Friday after top Japanese finance officials said the government is alarmed by recent foreign exchange moves. The dollar hit a seven-month high of 157.93 on Friday after the Bank of Japan kept...

FxWirePro: USD/CNY bulls undeterred, eyes 7.350 level
Dec 20, 2024 09:57 am UTC| Technicals
USD/CNY steadied around 7.298 on Friday as a widening yield gap with the United States and tariff threats pressured the Chinese currency. Trump, set to assume the U.S. presidency in January, has warned major trading...

FxWirePro: NZD/USD hovers near 2-year low, strong bearish bias
Dec 20, 2024 06:03 am UTC| Technicals
The NZD/USD held near two year low on Friday as kiwi dollar remained under pressure from stronger dollar and weaker-than-expected third-quarter New Zealand GDP data. Thursdays data showed that gross domestic product...

FxWirePro: AUD/ USD downside pressure builds, key support level in focus
Dec 20, 2024 05:00 am UTC| Technicals
AUD/USD languished near two year low on Friday as stronger dollar, weak Chinese economy and lower commodities prices continued to weigh on Australian dollar. The US dollar strengthened after the Federal Reserve...

FxWirePro :EUR/NZD losses momentum, but outlook is bullish
Dec 19, 2024 22:39 pm UTC| Technicals
EUR/NZD initially gained on Thursday but gave up ground as the market digested Feds and BoEs rate decision . The Bank of England kept its main interest rate at 4.75% on Thursday, but policymakers showed growing...