FOREX PERCEPTION
Interpreting the forex market is science. Our technical analysts and fundamental experts deliver key insights featuring leading forex-related topics.
28 Aug 2023
The dollar hit a 12-week high after Powell’s remarks on Jackson Hole
The DXY-U.S. dollar index, which tracks the value of the U.S. currency against six major rivals, hit a fresh 12-week high of 104.45 during last Friday’s session as Fed...
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11 Aug 2023
U.S. dollar edges higher after U.S. CPI inflation grew as expected in July
The DXY-U.S. dollar index trades to near monthly highs of 102.70 as forex investors remain positive on the dollar outlook amid the growing expectation that the Fed’s...
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07 Aug 2023
Pound Sterling slips to $1.27 on bets for a slower pace of rate hikes by BoE
The Pound Sterling slipped to nearly $1.27 per dollar on Monday morning, extending last week’s steep losses as the Bank of England (BOE) moves closer to wrapping up its tightening cycle, coupled...
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04 Aug 2023
U.S. dollar rises to monthly highs ahead of key NFP data for July
The DXY-U.S. dollar index which tracks the value of the greenback against six major peers climbed as high as 102.80 on Thursday’s trading session, posting its highest...
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17 Jul 2023
Euro climbs to $1.1250 on a weaker dollar and a hawkish ECB
The rapid cooling in inflation in the USA which caused a selloff on the greenback last week and the hawkish stance of the ECB have helped Euro to climb as high as $1
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10 Jul 2023
U.S. dollar softens after a weaker NFP payroll report for June
U.S. dollar-the world’s reserve currency- ended last week with deep losses after the weaker U.S. NFP nonfarm payroll numbers for June generated scepticism over the trajectory of the Fed’s...
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