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.
Author Amsterdam