EURUSD – A rally in the commodities market is positive for the euro

07.11.2022
No important events are expected today. The rally in commodities market will have a negative impact on the value of the U.S. currency, as metals and energy historically have an inverse correlation with the dollar....
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USDJPY – Probable rise

04.11.2022
The US dollar initially fell slightly against the Japanese yen, showing signs of support near the ¥147.50 level, and rebounded. At the moment, the market looks like it is ready to continue the general uptrend...
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GBPUSD – Two Reasons to Buy the Pound

02.11.2022
Important events today: 19:00 UTC - US: U.S. Federal Reserve interest rate decision. There are two reasons to buy the pound today. Firstly, there is a good demand on the British government debt market again,...
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EURUSD – High inflation in the euro area is negative for the euro

31.10.2022
Important events today: US: Treasury Department Auctions. The background today is mixed. On the one hand, we may expect decline in the European currency on the background of the inflation growth in the major eurozone...
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USDJPY – Yen even weaker

24.10.2022
The Japanese yen paired with the U.S. dollar fell to another 30-year low. The current quote in USDJPY is 149.94. The devaluation of the yen is in full swing and now it is really scaring...
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