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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Japanese Yen bulls seem hesitant as fiscal woes and political uncertainty offset hawkish BoJ
Japanese Yen attracts some dip-buyers on Thursday, though it lacks follow-through. The BoJ’s hawkish stance and intervention speculation lend some…
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Forex Talk – EUR/USD, USD/JPY and NZD/USD
The Overbalance analysis aims to identify three financial instruments, analyzed exclusively on a four-hour interval (H4). The analysis uses only…
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AUD/USD – Will The RBA be The Next Central Bank to Return to Rate Cuts
The Australian dollar (AUD) remains one of the stronger currencies following higher-than-expected inflation data. The latest CPI reading surprised to…
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EUR/USD weakens below 1.2000 amid rebound in US Dollar, all eyes on Fed rate decision
EUR/USD softens to around 1.1990 in Wednesday’s early European session. Concerns over the Fed’s independence could drag the US dollar…
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GBP/USD Trades below 1.3800 after pulling back from four-year highs
GBP/USD could rebound toward 1.3869, the highest since September 2021. Price holds above the nine-day and 50-day EMAs, reinforcing a…
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Japanese Yen pares intraday losses vs. a broadly firmer USD amid BoJ’s hawkish stance
Japanese Yen retreats from a three-month high set against the USD on Tuesday. Fiscal worries, political uncertainty, and a positive…
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Australian Dollar holds losses as US Dollar rises ahead of Fed policy decision
Australian Dollar stays subdued after Australia’s December CPI data was released on Wednesday. Australia’s December inflation rose to 3.6% year-over-year,…
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EUR/JPY Loses ground below 183.00 on BoJ rate hike signals, softening RSI momentum
EUR/JPY weakens to around 182.90 in Wednesday’s early European session. Members agree the central bank will likely continue raising rates…
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USD/INR advances as US Dollar gains on Fed cautious outlook
USD/INR rebounds toward its record high of 91.96. The Indian Rupee could regain support as sentiment improves on the India–EU…
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Offshore Yuan Trades Near 32-Month High
The offshore yuan traded around 6.93 per dollar on Wednesday, hovering near its highest level since May 2023, mainly buoyed…
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