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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South Korean Won Approaches 3-Month High
The South Korean won strengthened to around 1,428 per dollar on Wednesday, extending gains to its strongest level in almost…
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New Zealand Dollar Hovers Near 6-Month High
The New Zealand dollar fell to around $0.601 on Wednesday but remained near a six-month high, amid expectations of tighter…
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Forex – EUR/USD Surges to Four and Half Year High
US Conference Board Index: 84.5 vs 91 exp. and 89.1 previously Richmond Fed Comp. Index Actual -6 (Forecast -5, Previous…
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Dollar Continues to Fall
The dollar index fell for a fourth consecutive session on Tuesday, sliding to 97, its lowest level since mid-September, as…
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Trade of The Day – USDCAD
Facts:USDCAD is trading in a downward trend from mid-JanuaryThe pair bounced off the key resistance at 1.3730 Recommendation: Trade: Short USDCAD…
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Currency Talk – USD/JPY, AUD/USD and CAD/JPY
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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Pound Holds Near Multi-Month High
The British pound traded above $1.365, hovering near its strongest level since early July, supported by a weaker US dollar…
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Offshore Yuan Eases on Weaker Fixings
The offshore yuan edged down below 6.96 per dollar on Tuesday, easing from a thirty-two-month-high after the People’s Bank of…
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Euro Rallies Past $1.18
The euro surged past $1.18, its strongest level since mid-September, as the US dollar extended last week’s losses amid heightened…
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Pound Rises Above $1.36
The British pound climbed above $1.36, reaching its strongest level since mid-September, as the US dollar softened amid heightened market…
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