Forex Top Team

AUD/USD (Australian Dollar/US Dollar) – Current Trend

AUD/USD (Australian Dollar/US Dollar) – Current Trend Since the beginning of August, the AUD/USD pair has been actively rising, currently trading around 0.6730. This movement is primarily driven by the divergence in monetary policies between the Federal Reserve (FRB) and the Reserve Bank of Australia (RBA). Investors anticipate that the FRB is likely to cut […]

USD/JPY: Investor Sentiment Following BOJ Deputy Governor’s Remarks

Current Trend The USD/JPY pair is showing a slight decline, currently trading at 146.18, retreating from the local high of 148.25 reached on August 2. The US dollar is attempting to regain its lost position amid a wave of selling due to increased risks of reduced borrowing costs in the US. The labor market report […]

GBP/USD Strong Sell: Key Currency and Technical Analysis (15-Minute Chart) – August 1, 2024

EUR/USD (Euro/US Dollar) – Buy EUR/USD is currently trading around 1.0830, with market attention focused on the upcoming release of July business activity statistics from the European Union. The Eurozone Manufacturing PMI has risen from 45.6 to 45.8 points, and Germany’s Manufacturing PMI increased from 42.6 to 43.2 points. Additionally, Italy’s Manufacturing PMI unexpectedly rose […]