Category: Forex Trading
Can the Crashing Turkish Lira Recover? USD/TRY Prediction
USD/TRY hiked to record peaks this week. The Fed announced a hawkish rate decision. CBRT did the extraordinary, slashing rates again. The USD-TRY exchange rate…
AUD/USD Prediction Ahead of US Retail Sales and Australian Jobs Data
AUD/USD price saw massive bearishness lately. The decline amplified after the latest United States inflation data. Attention shifted towards the upcoming US retail sales and…
USD/JPY Jumps Past 141 – Price Forecast
The Japanese yen pair kick-started September with another upside jump, especially the USD-JPY. USD/JPY consolidate beyond 140 following last Friday’s NFP (non-farm payrolls) report before…
JPY: Why the Japanese Yen Lost the Safe Haven ‘Feeling’
Yen loses the haven status. Massive falls in the equities market would trigger JPY rallies. Yen Drops Safe Haven Shine The Japanese yen seems to…
Egyptian Pound to Face Devaluation as Inflation Soars
World Bank has recently issued a discouraging statement about the Egyptian currency claiming that it is too overvalued and expensive. Under the current conditions, there…
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