buy pressure in the Dollar since Big Donnie took office has given investors the confidence they needed
Fundamental Influences: U.S. Economic Data: Strong economic data from the U.S., particularly relating to GDP growth, employment, and inflation, could bolster the USD and push USD/CHF higher. Swiss Economic Data: Economic indicators from Switzerland, including inflation and industrial production, may impact the CHF. A dovish tone from the Swiss National Bank...
Commodity Prices: Both Australia and Canada are major exporters of commodities, particularly metals and energy. If there has been a rise in commodity prices (such as iron ore, oil, or copper), it can benefit the Australian Dollar (AUD) if these prices are moving in Australia's favor. For example, if oil prices (which directly affect the Canadian economy) have...
THE DOLLAR EXPLODES WITH TRUMPS VICTORY whats next for the Dollar?
Fundamental Analysis: Economic Indicators: Look at economic data from both the U.S. and Switzerland, such as GDP growth, employment figures, inflation rates (CPI), and trade balances. Strong U.S. data generally supports USD strength, while positive Swiss data does the same for CHF. Monetary Policy: The policies of the Federal Reserve (Fed) and the Swiss National...
AUD/CAD refers to the currency pair that represents the value of the Australian dollar (AUD) against the Canadian dollar (CAD). Traders and investors often analyze this pair to make decisions based on economic indicators, interest rates, and geopolitical factors affecting Australia and Canada
Current Market Conditions: Look at the overall trend—are we in an uptrend or downtrend? If the market is trending upwards, it might be a good time to consider buying. Technical Indicators: Check indicators like RSI or MACD to see if the pair is overbought or oversold. An oversold condition might suggest a potential buying opportunity. Support and Resistance...
Fundamental Analysis: Australian Economy: Monitor key indicators like GDP growth, unemployment rates, and inflation. The Reserve Bank of Australia (RBA) interest rate decisions and statements can significantly impact the AUD. US Economy: Pay attention to the Federal Reserve's interest rate policy, inflation data (CPI), and employment reports (NFP). These factors...
A bullish trend in EUR/JPY indicates that the euro is strengthening against the yen. This movement can be influenced by several factors: Economic Data: Positive economic indicators from the Eurozone, such as GDP growth or strong employment figures, can boost the euro. Interest Rate Differentials: If the European Central Bank (ECB) signals potential rate hikes...
The USD/JPY exchange rate can be influenced by various factors, including interest rate differentials, economic data releases, and geopolitical events. If the USD/JPY is experiencing upward movement, it might be due to: Interest Rate Expectations: If the U.S. Federal Reserve is expected to raise rates or maintain higher rates compared to Japan's central bank...
The USD/ZAR pair might be seen as bullish for several reasons: Economic Data: Positive U.S. economic indicators (like strong GDP growth, employment figures, or consumer spending) can boost the dollar. Interest Rates: If the Federal Reserve raises interest rates or signals a hawkish stance, it can lead to a stronger dollar compared to the rand. Political...
Interest Rate Differentials: If the U.S. Federal Reserve raises interest rates or signals a more hawkish stance compared to the Bank of Japan (BoJ), the U.S. dollar (USD) may strengthen against the Japanese yen (JPY) as investors seek higher returns in USD-denominated assets. Economic Data: Positive economic indicators from the U.S., such as strong GDP growth,...
The recent breakout in the EUR/JPY currency pair can be attributed to a confluence of macroeconomic factors and technical signals. Primarily, the divergence in monetary policy between the European Central Bank (ECB) and the Bank of Japan (BoJ) has created a favorable environment for the euro to appreciate against the yen. The ECB's inclination towards tightening...
DXY has hit a major level of resistance and its translating here leave input on the comments all feedback welcome