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.
-
GBP/USD trips down below 1.3350 as Oil surges, Fed outlook boosts US Dollar
GBP/USD drops after hitting 1.3442, pressured by risk aversion and a strong US Dollar. Oil-driven inflation fears lift DXY as…
Read More » -
EUR/USD Price Forecast: Pair struggles below 1.1600 as sellers maintain control
EUR/USD trades with a mild downside bias as a modest US Dollar rebound weighs on the Euro. The pair struggles…
Read More » -
USD/CHF flat as Fed outlook and Oil-driven USD demand limit downside
USD/CHF trades flat on Friday after failing to sustain a move above 0.7900. Middle East tensions and rising Oil prices…
Read More » -
Chart of The Day – EUR/USD
The EURUSD pair remains under pressure, trading around 1.157–1.1580 USD per euro. Today’s movements are driven by a combination of…
Read More » -
USD/CHF ticks up to near 0.7890 as US Dollar recovers
USD/CHF ticks higher to near 0.7890, following the US Dollar’s recovery. The Fed is unlikely to cut interest rates by…
Read More » -
EUR/GBP declines below 0.8650 as BoE and ECB hold rates amid geopolitical uncertainty
EUR/GBP softens to around 0.8620 in Friday’s early European session. The Bank of England held interest rates at 3.75% on…
Read More » -
NZD/USD rises above 0.5850 on narrower-than-expected trade deficit
NZD/USD gains ground to near 0.5880 in Friday’s Asian session. New Zealand recorded a monthly trade deficit of NZ$257 million…
Read More » -
CAD ticks up after Thursday’s downfall ahead of Retail Sales data
The Canadian Dollar edges up after a sharp sell-off on Thursday. A sharp correction in the oil price dragged the…
Read More » -
EUR/USD corrects to near 1.1560 as USD gains ground
EUR/USD retraces to near 1.1560 from the weekly high of 1.1616 as the US Dollar gains ground. Diminished fears of…
Read More » -
USD/JPY Price 20-day EMA acts as key support zone around 157.50
USD/JPY jumps to near 158.33 as the US Dollar regains ground after a sharp decline on Thursday. BoJ’s Ueda is…
Read More »
