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Market Insights - tag - forex

29 March
The dollar rises as the yen falls, and the Bank of Japan maintains its bearish stance.

The dollar rises as the yen falls, and the Bank of Japan maintains its bearish stance.

The dollar rose versus the yen on Monday, benefitting from the monetary policy difference between the two nations. The Dollar Index, which monitors the greenback against a basket of six other currencies, was 0.4 percent higher at 99.218 at 3 a.m. ET (0700 GMT)....

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29 March
The GBP/USD is expected to continue its downward trend into the 1.31 level.

The GBP/USD is expected to continue its downward trend into the 1.31 level.

In the face of increased dollar strength, the GBP/USD has begun to fall. According to FXStreet's Eren Sengezer, 1.3130 aligns as intermediate support before the pair may approach 1.3100....

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29 March
EUR/USD bounces back from recent lows at 1.0940.

EUR/USD bounces back from recent lows at 1.0940.

EUR/USD trims losses and regains the 1.0980 region. The dollar gives away part of the initial strong advance. German 10y bund yields rose to 0.63%, or multi-year peaks. Following an early drop to the proximity of 1.0940, EUR/USD regains some composure and now retargets the key...

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