EURUSD Rebounds In 2023
The EURUSD pair unfolded a compelling narrative in 2023, breaking free from a two-year descent to embrace a newfound trajectory. The Euro, marking a notable gain of 3.16% against the…
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January 3, 2024
USDCNH Lands Back-to-Back Yearly Gains
Over two consecutive years, the Chinese Yuan faced depreciation against the Greenback, fuelled by a post-pandemic recovery in China marked by turbulence. Amidst this backdrop, the fiscal policies of the…
January 3, 2024
PMIs in Play: EURZAR Poised for Pivot or Plunge?
The South African Rand (ZAR) stumbled against the Euro (EUR) in early Tuesday trading, caught between conflicting fundamental and technical forces. Fundamentally, both currencies face their own sets of challenges.…
January 3, 2024
EURJPY Finds Support, Rebound Incoming?
The EURJPY pair has been under pressure in recent weeks, falling from a high of 163.717 on November 27 to a low of 158.378 earlier during the December 6 session.…
December 6, 2023
Is The AUDNZD Poised For A Breakout?
The AUDNZD has been trading lower in recent weeks, driven by a combination of factors, including weaker-than-expected Australian GDP growth, a dovish outlook from the Reserve Bank of Australia (RBA),…
December 6, 2023
EURGBP Near Three-Months High On Potential Policy Divergence
EURGBP has been under pressure in recent weeks, as markets have priced in a higher probability of rate cuts by the European Central Bank (ECB) compared to the Bank of…
December 5, 2023
USDZAR At R18.8 As The Rand Faces Dollar Pressure
The South African rand has weakened against the US dollar in recent weeks, pressured by a stronger dollar and ongoing concerns over the domestic economy. The return of intensive power…
December 5, 2023