| Updated: November 9, 2023
The safe-haven currency pair USD/JPY is trading with a bullish bias at 105.930 level, heading towards 50% and 61.8% Fibonacci retracement level of 106.100 and 106.385 level—checkout forex trade idea about USD/JPY currency pair in a video analysis above.
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EUR/USD Jumps 1% to 1.1272 Key Moments:EUR/USD climbed above 1.1270 on Monday.
The US Dollar Index weakened following Moody’s downgrade of US sovereign credit to Aa1.
Market consensus indicates the Federal Reserve is unlikely to cut rates over the next two […]
USD/CHF lower amid Syria concerns US dollar edged lower against the Swiss franc on Tuesday, but still remained supported as a safe haven, after U.S. Secretary of State John Kerry said Syria will be held liable for the usage of chemical weapons.USD/CHF fell to a session […]
Natural gas futures hit session low after EIA data, cold weather in focus Natural gas fell to session lows on Thursday after the EIA reported that US inventories fell largely in line with expectations last week, turning average deficits into surpluses. However, forecasts for cold blasts across the eastern, northern […]
US dollar continued its advance against the Swiss franc, US employment report eyed US dollar managed to extend its advance against the Swiss franc on Friday, as market sentiment was dominated by expectations of a positively-toned report, regarding US employment in June.USD/CHF jumped to a session high at 0.9595 at 7:18 […]
Alcoa’s Portland Aluminium smelter to cut production capacity to 75% Alcoa Corp said on Wednesday that the Portland Aluminium smelter in the Australian state of Victoria would begin reducing overall production because of operational instability.Production at the smelter is to be reduced to about 75% of […]
Delivery Shortfall Triggers Tesla Stock Decline, Share Price Falls 2.34% to $262.19 Key momentsTesla reported its lowest quarterly delivery total since the second quarter of 2022, with global deliveries sinking to 336,681 units in Q1 2025.
The company’s share price sank 2.34%.
The delivery figures have caused worry […]