18 May: Forex Market Overview
Last trading session was dominated by USD/NZD – US Dollar New Zealand Dollar which signed 1.13% has risen to 1.5888.
The DXY index obtained 0.55% while trading within the 103.93 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 8.30%.
The EUR/USD exchange rate lost, the pair is now traded at 1.0465, losing in this market session around -0.78% or -0.0082 pips. Analysts’ projection for the short term is Strong Sell.
The USD/CAD exchange rate surge, the pair is now traded at 1.289, gaining in this market session around 0.64% or 0.0081 pips. Analysts’ projection for the short term is Strong Buy.
The USD/JPY exchange rate lost, the pair is now traded at 128.21, losing in this market session around -0.91% or -1.17 pips. Analysts’ projection for the short term is Neutral.
The USD/NZD exchange rate gained, the pair is now traded at 1.5888, gaining in this market session around 1.13% or 0.0177 pips. Analysts’ projection for the short term is Strong Buy.
The AUD/USD exchange rate gained, the pair is now traded at 1.5888, gaining in this market session around 1.13% or 0.0177 pips. Analysts’ projection for the short term is Strong Buy.
The GBP/USD exchange rate lost, the pair is now traded at 1.2339, losing in this market session around -1.21% or -0.0151 pips. Analysts’ projection for the short term is Strong Sell.
