Forex News for 13th February 2023
February 13, 2023
- USD/JPY: The pair is likely to remain bullish with risk-averse sentiment of investors.
- USD/CAD: The Loonie pair may remain bullish despite the slow movements.
- USD/CHF: The USD/CHf pair extends its recovery following correction.
- XAU/USD: US inflation causing a volatility contraction for the gold pair.
- ETH/USD: The pair goes down further with a strong bearish trend.
- BTC/USD: Bitcoin Approaching Critical Support Level with Possibility of Further Decline.
- EUR/JPY: Euro Struggles against Japanese Yen
- EUR/USD: Fed’s tight monetary policy boosts US Dollar at the expense of the Euro.
- AUD/USD: Australian Dollar recovers initial gains but remains resistant.
- GBP/USD: British pound faces a major barrier.