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USD/JPY Price Forecast: Bears turn cautious as focus shifts to US inflation figures
The USD/JPY pair prolongs its recent well-established downtrend and drops to the lowest level since early October, around mid-146.00s during the first half of the trading action on Tuesday. Concerns about US President Donald Trump's tariffs and a potential global trade war continue to weigh on...
Fxstreet
Tue, Mar 11
Pound Sterling holds onto gains against US Dollar ahead of US inflation data
The Pound Sterling (GBP) turns sideways after a strong rally in over a month around 1.2900 against the US Dollar (USD) in European trading hours on Tuesday. The GBP/USD pair trades firmly as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, struggles...Fxstreet
Tue, Mar 11
Forex Today: Recession fears continue to dominate markets
Here is what you need to know on Tuesday, March 11: Growing fears over an economic downturn in the US and its potential activity on the global economic outlook triggered a selloff in major equity indexes at the start of the week.Fxstreet
Tue, Mar 11
EUR/USD Price Analysis: Rises above 1.0850 while remaining in overbought territory
The EUR/USD pair gains ground for the third successive session, trading around 1.0860 during the Asian hours on Tuesday. A technical examination of the daily chart indicates a bearish breakout as the pair breaks below an ascending channel pattern, suggesting a shift in momentum from buyers to...Fxstreet
Tue, Mar 11
Singapore iron ore rises on optimism for increased China demand
BEIJING, March 11 (Reuters) - Prices of Singapore iron ore futures rose on Tuesday, driven by expectations of increased demand as steelmakers in the northern region of China, the top consumer, are set to resume production following the conclusion of its annual parliament meeting. However, gains were...Reuters
Tue, Mar 11
