With losses of -0.48%, the EUR/USD price collapsed during yesterday’s trading session (Wednesday), with losses extending to the 1.1517 support level, and it is stabilizing around its losses at the time of writing this analysis, which may pave the way for a bearish weekly close. According to performance across trusted trading company platforms, the US…
USD/CAD pushed higher as support near 1.40 held firm, with the broader uptrend reinforced by the 50-day EMA. Rate-cut expectations have softened, the interest-rate spread favors the U.S., and the pair appears positioned for a continued grind toward 1.42–1.4250.
The BTC/USD pair continued its recent sell-off after the Federal Reserve released minutes of the last monetary policy meeting and after Nvidia published upbeat financial results. Bitcoin was trading at $91,300 on Thursday morning, a few points above this week’s low of $88,930.
The AUD/USD exchange rate continued to consolidate after the Federal Reserve published minutes of the recent monetary policy meeting and as traders waited for the upcoming US jobs data. It was trading at 0.6485, where it has remained in the past few days.
As of this writing the USD/SGD is near the 1.30765 ratio and showing an ability to challenge mid-term resistance levels, this as financial institutions appear to have acknowledged changing sentiment regarding U.S interest rates.
The USD/JPY pair builds on this week’s breakout momentum for the fourth straight day and climbs to the 157.75-157.80 region, or its highest level since mid-January, during the early part of the European session on Thursday.