TAG: vladforex

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As ISM Manufacturing PMI Climbs Above 50

U.S. DollarDXY 010423 4h ChartU.S. Dollar Index tests new highs as traders react to PMI reports. The final reading of S&P Global Manufacturing PMI report indicated that S&P Global Manufacturing PMI declined from 52.2 in February to 51.9 in March....

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back From Multi-Month Highs

U.S. DollarDXY 020424 4h ChartU.S. Dollar Index is losing ground as traders react to the JOLTs Job Openings report, which indicated that JOLTs Job Openings remained unchanged at 8.75 million in February. Factory Orders increased by 1.4% month-over-month i...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back At The Start Of The Week

U.S. DollarDXY 080424 4h ChartU.S. Dollar Index is losing some ground as traders react to Consumer Inflation Expectations report, which indicated that Consumer Inflation Expectations remained unchanged at 3% in March.In case U.S. Dollar Index settles back...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat As Traders Wait For Inflation Data

U.S. DollarDXY 090424 4h ChartU.S. Dollar Index  is flat ahead of CPI data, which will be released tomorrow. Analysts expect that Inflation Rate declined from 3.4% in February to 3.2% in March, while Core Inflation Rate increased from 3.7% to 3.8%.From th...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Highs As Inflation Exceeds Expectations

U.S. DollarDXY 100424 4h ChartU.S. Dollar Index rallied as traders reacted to U.S. inflation reports. Inflation Rate increased from 3.2% in February to 3.5% in March, compared to analyst consensus of 3.4%. Core Inflation Rate remained unchanged at 3.8%, w...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs After PPI Report

U.S. DollarDXY 110424 4h ChartU.S. Dollar Index gains ground as traders react to Producer Prices report. PPI increased by 0.2% month-over-month in March, compared to analyst consensus of +0.3%. Core PPI grew by 0.2%, in line with the analyst consensus. Fr...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Highs Ahead Of The Weekend

U.S. DollarDXY 120424 4h ChartU.S. Dollar Index tested new highs as traders reacted to the Michigan Consumer Sentiment report, which indicated that Consumer Sentiment declined from 79.4 in March to 77.9 in April. The report has also shown that consumer in...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Retail Sales Exceed Expectations

U.S. DollarDXY 150424 4h ChartU.S. Dollar Index gains some ground as traders react to the better-than-expected Retail Sales report for March. The report indicated that Retail Sales increased by 0.7% on a month-over-month basis, compared to analyst consens...

6 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As Treasury Yields Rise

U.S. DollarDXY 160424 4h ChartU.S. Dollar Index gains some ground as traders react to the economic reports. Building Permits declined by 4.3% month-over-month in March, compared to analyst consensus of -0.7%. Housing Starts decreased by 14.7%, while analy...

5 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Stabilizes After The Recent Rally

U.S. DollarDXY 170424 4h ChartU.S. Dollar Index is stabilizing after the recent move. Treasury yields have started to move lower as bond traders used the recent sell-off as an opportunity to buy Treasuries at attractive levels.If U.S. Dollar Index climbs...

5 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Treasury Yields Rebound

U.S. DollarDXY 180424 4h ChartU.S. Dollar Index gains ground as traders react to U.S. economic reports. Initial Jobless Claims remained unchanged at 212,000, compared to analyst consensus of 215,000. Philadelphia Fed Manufacturing Index increased from 3.2...

5 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Traders Take Profits Ahead Of The Weekend

U.S. DollarDXY 190424 4h ChartU.S. Dollar Index pulls back as traders take some profits off the table ahead of the weekend. Treasury yields moved lower, which was bearish for the American currency.In case U.S. Dollar Index pulls back below the support at...

5 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Mostly Flat At The Start Of The Week

U.S. DollarDXY 220424 4h ChartU.S. Dollar Index is mostly flat as traders react to Chicago Fed National Activity Index report, which indicated that Chicago Fed National Activity Index improved from 0.09 in February to 0.15 in March.In case U.S. Dollar Ind...

5 months ago

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Composite PMI Misses Expectations

U.S. DollarDXY 230424 4h ChartU.S. Dollar Index pulls back as traders react to the weaker-than-expected PMI reports. Manufacturing PMI declined from 51.9 in March to 49.9 in April, compared to analyst consensus of 52. Numbers below 50 show contraction. Se...

5 months ago