USD/ZAR Price Forecast: Rand Marginally Weaker after Local CPI Inflation
USD/ZAR price forecast: rand marginally weaker after local CPI inflation
USD/ZAR price forecast: rand marginally weaker after local CPI inflation
USD/JPY is trading on either side of 150 on a marginally weaker Japanese Yen after balance of trade data showed Japanese exports booming.
This article focuses on the technical outlook for three popular U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Throughout the piece, we scrutinize potential scenarios and examine key price levels worth watching in the coming days.
This article examines gold’s outlook, analyzing potential scenarios that may emerge in the near future in light of the Fed’s monetary policy outlook and price action dynamics.
Oil prices softened on Tuesday after posting a near 10% recovery from the February low. Recent support measures out of China appear to have appeased markets for now
USD/JPY has stuck to narrowing ranges as November’s significant peaks come back into view
The single currency is pushing ahead against a marginally weaker US dollar and British Pound, but further progress may prove difficult.
Cable has struggled to remain within its broader trading range, attempting to forge a lower path but the key 200-day simple moving average has provided support for the pair
With the US out for the Presidents’ Day holiday, the Euro failed to make back early lost ground.
Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into recession