Forex Daily Forecast, Analysis and Prediction

The British pound experienced a significant decline during Friday's trading session.

The S&P 500 experienced a turbulent trading session on Friday.

The gold market witnessed a significant downturn during Friday's trading session.

The crude oil markets experienced a decline on Friday.

The Bitcoin market has exhibited limited activity during the recent trading sessions.

The USD/ZAR was trading near the 18.64400 ratio on Friday.

The USD/MXN is near the 17.16230 ratio as of this writing.

The AUD/USD exchange rate plunged hard after the recent economic numbers led many traders to predict that the RBA will diverge on their policies.

Bitcoin price was flat on Monday, continuing a consolidation phase that has been going on in the past few days.

The GBP/USD pair suffered a major reversal after the strong US jobs numbers led to doubts about the next Federal Reserve rate cuts.

May be finding support at $1.0774.

Get the weekly Forex forecast for major currency pairs for the week of February 05-09, 2024 here.

The GBP/USD seemed to be happily trading around its week high on Friday near the 1.27690 ratio.

The price of WTI Crude Oil hit a low of nearly 71.780 on Friday before closing around the 72.310 ratio.

Get the weekly Forex forecast for major currency pairs for the week of February 04-09, 2024 here.