Forex Market Forecast for May 2024
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As we head into May, whether the US Federal Reserve will or won’t cut interest rates this year has been a primary topic,…
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As we head into May, whether the US Federal Reserve will or won’t cut interest rates this year has been a primary topic,…
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The Bank of Japan (BoJ) increased its Policy Rate to +0.00%/0.10% in March, pulling the rate out of negative territory. While many, including…
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As we head into April, assessing how the economy is fairing and what could shake up the forex market is important for traders….
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The GBPUSD currency pair faced another wave of selling pressure as the Bank of England (BoE) hinted at an easing cycle on…
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The New Zealand Dollar (NZD) is currently balanced on a delicate fulcrum against the US Dollar (USD). NZDUSD is reeling close to…
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In early trading on Tuesday, USDZAR felt the pressure of an intensifying global financial environment as the U.S. dollar gained strength, resulting…
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After maintaining a negative interest rate policy for eight years, the Bank of Japan (BoJ) has shifted gears by raising the benchmark…
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In the very fabric of the foreign exchange market, anticipation can cause as much movement as action itself. The USD/JPY currency pair unveils…
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In an unexpected yet welcome economic development, Brazil has left market expectations far behind by creating an astonishing 180,395 formal jobs in January….
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With US inflation rising more than expected in January, traders and analysts have had to reassess their view on the potential rate-cutting cycle…
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The USDMXN currency pair, represents the exchange rate between the US Dollar and the Mexican Peso. It has seen fluctuating dynamics in recent…
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Gold has long been regarded as a stable investment and a hedge against economic uncertainty. In 2024, the gold market has witnessed…
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The USDSEK currency pair has experienced a notable ascent, marking a 3.86% increase from January 1 to February 9, 2024. This movement…
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The oil market in 2024 is anticipated to face a complex set of dynamics influenced by global economic activities, geopolitical tensions, and production…
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The Japanese Yen (JPY) is the third most traded currency. It’s value showcases a complex interplay of economic strategies, market reactions, and governmental…
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