Forex
The foreign exchange (forex or FX) market is a global marketplace for exchanging national currencies. Currencies trade against each other as exchange rate pairs. For example, EUR/USD is a currency pair for trading the euro against the U.S. dollar.
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US Dollar resides near new highs as rate differential keeps pushing US yields higher
raders sell precious metals with Copper, Gold, Silver plunging to yearly lows. Focal point this week is US Nonfarm Payrolls…
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Chart of The Day EUR/USD
EURUSD has been under selling pressure for over two months now, with the EURUSD exchange rate currently entering levels last…
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Euro seems to have met some contention near 1.0460
The Euro succumbs to further US Dollar’s strength. Stocks in Europe now trade with decent gains across the board. EUR/USD…
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US JOLTS Preview: job openings data could signal persisting US labor market tightness
JOLTS report will be watched closely by Fed officials ahead of September jobs data. Job openings are forecast to hold…
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EUR/USD: Door open for the slide to extend to 1.04 – Scotiabank
EUR/USD steady after sliding to a new cycle low. Economists at Scotiabank analyze the pair’s outlook. The trend is your friend…
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US Dollar challenges 11-month high as rally goes rogue
Traders sell precious metals with Copper, Gold, Silver plunging to yearly lows. Focal point this week is US Nonfarm Payrolls…
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GBP/USD Strong risk of additional weakness towards the 1.17/1.18 zone – Scotiabank
The GBP/USD pair tests retracement support just below 1.21. Economists at Scotiabank analyze Cable’s technical outlook. Resistance is seen at 1.2115 Cable…
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Are The Bulls Primed EUR/USD
This week is expected to be particularly important for the dollar, where the EUR/USD currency pair is set to be…
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Trade of The Day GBP/AUD
Facts: The price bounced off the upper limit of 1:1 structure ABC correction in play Recommendation: Trade: Short position on…
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Euro extends the rebound and retargets 1.0600 ahead of US key data
The Euro picks up extra pace vs. the US Dollar. Stocks in Europe open Monday’s session with decent gains. EUR/USD…
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