Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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NZD/USD moves below 0.5850 amid increased risk aversion
NZD/USD weakens as risk aversion increases after fresh Israeli strikes hit Tehran. Israel struck Iran despite Trump signaling a pause…
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EUR/USD slips below 1.1600 as Middle East tensions escalate
EUR/USD weakens after fresh Israeli strikes hit Tehran. President Trump announced a five-day truce following productive talks with Iran. Iran’s…
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Pound Sterling weakens as Middle East tensions escalate
GBP/USD depreciates amid rising Middle East conflict. Gulf states are near direct involvement in the Iran conflict, with Saudi Arabia…
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EUR/CAD struggles near 1.5850 as oil prices support Canadian Dollar
EUR/CAD’s upside remains limited as the commodity-linked CAD receives support from higher oil prices. WTI eases intraday but remains elevated…
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GBP/USD Price Declines below 1.3350 as bearish momentum builds amid stronger USD
GBP/USD declines to around 1.3335 in Monday’s early Asian session. The path of least resistance is to the downside as…
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USD/CAD Price Tests 1.3700 support near moving averages
USD/CAD could test the upper rectangle channel boundary around 1.3750. The 14-day Relative Strength Index holds in the mid-50s, signaling…
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Dollar Holds Firm on Haven Demand
The dollar index traded above 99.5 on Monday, holding gains from the previous session as rising tensions in the Middle…
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Yen Remains on Intervention Watch
The Japanese yen weakened toward 159.5 per dollar on Monday, nearing the key 160 level that has previously triggered market…
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South Korean Won Hits Weakest Level Since 2009
The South Korean won fell past 1,500 per dollar, marking its weakest level since March 2009, as escalating US–Iran tensions…
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AUD/USD falls as geopolitical tensions overshadow RBA rate hike
AUD/USD declines on Friday despite a recent rate hike from the Reserve Bank of Australia. The RBA raised its policy…
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