Streetbeat News

Forex Markets

UUP

The EUR/USD currency pair is experiencing a period of consolidation near the 1.0800 level, with slight weakness observed during Wednesday's trading session. Despite the current limited directional movement, the pair remains above key moving averages, suggesting the broader bullish trend is still intact.

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March 26, 2025 | 4:00 pm

UUP

The British Pound Sterling experienced a decline against the US Dollar following softer-than-expected UK Consumer Price Index (CPI) data and the presentation of the Spring Budget. Simultaneously, mixed economic indicators in the United States provided support to the US Dollar, helping it recover some recent losses.

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March 26, 2025 | 3:45 pm

FXA

The AUD/USD pair is trading around 0.6300 following soft February inflation data of 2.3%. The Australian government's fiscal budget, which includes tax cuts and energy bill relief, could potentially be inflationary. Market sentiment remains cautious with potential US tariff announcements looming.

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March 26, 2025 | 2:45 pm

FXY

The USD/JPY currency pair has broken above the 150.20 resistance level, indicating potential further upward movement. Traders should watch key support and resistance levels between 147.60 and 153.15, with current support around 149.40-50.

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March 26, 2025 | 1:30 pm

UUP

The GBP/USD currency pair is experiencing technical weakness, trading below the 1.2940 support level. Traders are observing potential further decline if the market remains below the 1.2980 resistance, with a potential target of 1.2860.

Portfolio Pulse from

March 26, 2025 | 1:30 pm

UUP

The EUR/USD currency pair is experiencing technical pressure, with current trading around the 1.0930-50 zone. Analysts suggest that if prices remain below the 1.0950 resistance level, a potential market correction could drive the exchange rate down to the 1.0740-65 range.

Portfolio Pulse from

March 26, 2025 | 1:30 pm

UUP

The article provides technical analysis for three major currency pairs: EUR/USD, USD/JPY, and AUD/USD. Each pair is experiencing range-bound trading with potential for significant movements depending on key technical levels and global economic conditions.

Portfolio Pulse from

March 26, 2025 | 1:15 pm

UUP

UK's February inflation came in at 2.8% YoY, below expectations, with sticky services inflation at 5%. The upcoming UK Spring Statement and US PCE data will significantly influence GBP/USD trading dynamics, with technical analysis suggesting potential bearish momentum.

Portfolio Pulse from

March 26, 2025 | 12:00 pm

FXB

The GBP/USD currency pair experienced a two-week low following softer-than-expected UK February inflation data. The weak inflation numbers are fueling market expectations of a potential Bank of England rate cut in May. Technical analysis suggests potential further downside, with support levels at 1.2883 and 1.2798, while economists remain cautious about sustained inflation easing.

Portfolio Pulse from

March 26, 2025 | 12:00 pm

FXF

The USD/CHF currency pair is currently trading in a narrow 100-pip range between 0.8760 and 0.8860, with market participants awaiting key events like the US tariffs announcement on April 2nd and upcoming economic data releases. The Swiss National Bank recently cut rates by 25 basis points, and the market is anticipating potential volatility.

Portfolio Pulse from

March 26, 2025 | 11:00 am