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Euro to Dollar Analysis: EUR/USD could suffer from rising oil prices - Forex Friday

Despite softer Eurozone inflation and German retail sales data, the EUR/USD climbed for the second day in the first half of Friday’s session. It was supported because of firmer risk tone across financial markets, driven by a weakness in US dollar and global bond yields. But rising oil prices are among reasons that could prevent the EUR/USD from rising much further.

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September 29, 2023 12:30 PM
Forex trading

Dollar analysis: EUR/USD, GBP/USD and Yields in focus – Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will focus the US dollar, EUR/USD and GBP/USD. The dollar index eyes March high and set to close higher for 10th consecutive week, with BoJ inaction and rising crude oil prices providing additional boost for greenback.

Forex trading

Dollar Analysis: EUR/USD, GBP/USD and DXY in focus - Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will focus the US dollar, EUR/USD and GBP/USD ahead of next week’s key events: FOMC and BoE rate decisions.

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September 15, 2023 12:30 PM

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AUD/USD holds 64c, bonds retrace post CPI, jobs up next: Asian Open

US CPI was higher than expected, although bond yields pulled back in what could be a sign that investors are more concerned over a recession compare with a 'soft landing' for the US. But if yields continue to pull back it might take some steam out of the dollar rally. And that could help AUD/USD, which has remained reliant to breaks below 64c.

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September 13, 2023 11:05 PM
Forex trading

Dollar analysis: DXY, EUR/USD, Gold and USD/CAD in focus – Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will focus the US dollar, gold, USD/CAD and EUR/USD, ahead of next week’s key events: US CPI and ECB policy decision.

Dollar analysis: EUR/USD and DXY approaching key levels - Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will focus on the US dollar analysis, and provide updates on the EUR/USD outlook, before looking ahead to the next week, when we have global PMI data and the start of the Jackson Hole summit.

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August 18, 2023 05:16 PM
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US dollar analysis: GBP/USD, USD/CAD and EUR/USD outlook – Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will focus on the US dollar analysis, and provide updates on the GBP/USD, USD/CAD and EUR/USD outlook, before looking ahead to the next week. We maintain a bearish outlook on the US dollar and would favour looking for bullish setups on high-beta currencies.

EUR/USD outlook improves as US jobs point to peak Fed rates – FOREX Friday

So, the US jobs data was mixed and the probability of a rate hike in September fell to 13% from about 20% prior to the data release. Correspondingly, the US dollar and bond yields fell, gold rallied, and stocks stabilised somewhat.

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August 4, 2023 04:45 PM
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Dollar analysis: EUR/USD, USD/CHF, USD/JPY outlook – Forex Friday

The US dollar was coming under a bit of pressure in the first half of Friday’s session, but after Thursday’s sharp rally it remained to be seen if the selling had any real momentum behind it. The Fed’s favorite inflation measure – core PCE – came in a touch softer but this was offset by a stronger-than-expected personal spending data. Investors were looking forward to another very busy week for macro data and central banks.

Japanese yen analysis: USD/JPY, EUR/JPY outlook boosted on BoJ inaction report – Forex Friday

The USD/JPY outlook now hinges more on the decision from the Fed than the BoJ. Meanwhile, the EUR/JPY hit a new high for the year above 158.00, before pulling back a touch. The ECB’s decision will be watched closely next week as it has the potential to move the euro crosses sharply, including the EUR/JPY.

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July 21, 2023 01:10 PM
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Dollar analysis: EUR/USD, GBP/USD, AUD/USD outlook – Forex Friday

Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s report, we will discuss a couple of dollar pairs and look forward to next week’s key events affecting the currency markets.

Currency exchange rate board of multiple currencies

USD/CAD outlook: All eyes on jobs reports – FOREX Friday

Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s shortened report, we will discuss the USD/CAD pair outlook, and look forward to next week’s key events affecting this pair.

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September RBA Preview and what next for the AUDUSD

On Tuesday, the RBA Board meets and is widely expected to raise the cash rate. Once again, the main question will be how much.

September 2, 2022 01:29 AM

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