Analysis & Forecast

16.04.2024The British pound, paired with the US dollar, attempted to recover but without success. The current GBPUSD exchange rate stands at 1.2437.Yesterday’s release of US retail sales data reduced the pound’s ability to recover from it...

16.04.2024The main currency pair is still declining on Tuesday. The current EURUSD exchange rate stands at 1.0613Yesterday, the US released a retail sales report for March, which caused increased market turbulence. The report showed a 0.7% m/m increa...

11.04.2024The primary currency pair is consolidating on Thursday following yesterday’s failure. The current EURUSD exchange rate stands at 1.0743.Yesterday’s signals, including the release of March’s inflation statistics and the min...

12.04.2024The primary currency pair is sliding down on Friday. The current EURUSD exchange rate stands at 1.0682.The strengthening of the US dollar is associated with low expectations from the US Federal Reserve's interest rate for this year. In...

12.04.2024The Japanese yen maintains its downward momentum in the pair with the US dollar. The current USDJPY exchange rate stands at 153.25.JPY reached new 34-year lows today. Robust economic data in the US negatively affects the currency market as ...