19 May: Forex Market Overview
Last trading session was dominated by AUD/USD – Australian Dollar US Dollar which signed at 1.56% has risen to 0.7062.
The DXY index lost -1.08% while trading within the 102.69 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 7.00%.
The EUR/USD exchange rate hiked, the pair is now traded at 1.0597, gaining in this market session around 1.25% or 0.0131 pips. Analysts’ projection for the short term is Strong Buy.
The USD/CAD exchange rate lost, the pair is now traded at 1.2802, losing in this market session around -0.67% or -0.0086 pips. Analysts’ projection for the short term is Strong Sell.
The USD/JPY exchange rate lost, the pair is now traded at 127.67, losing in this market session around -0.43% or -0.56 pips. Analysts’ projection for the short term is Buy.
The USD/NZD exchange rate lost, the pair is now traded at 1.5629, losing in this market session around -1.56% or -0.0248 pips. Analysts’ projection for the short term is Strong Sell.
The AUD/USD exchange rate lost, the pair is now traded at 1.5629, losing in this market session around -1.56% or -0.0248 pips. Analysts’ projection for the short term is Strong Sell.
The GBP/USD exchange rate gained, the pair is now traded at 1.25, gaining in this market session around 1.31% or 0.0162 pips. Analysts’ projection for the short term is Buy.
