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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GBP/USD Price Forecast: Immediate resistance level emerges above 1.3450
GBP/USD edges higher to near 1.3430 in Monday’s early European session. Federal prosecutors have opened a criminal investigation into the…
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Australian Dollar rises as US Dollar dips on Fed investigation
Australian Dollar halts its three-day losing streak on Monday. ANZ Job Advertisements fell 0.5% in December after a revised 1.5%…
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EUR/USD Price Forecast: Edges higher but faces resistance at 100-day EMA
EUR/USD drifts higher to around 1.1655 in Monday’s early European session. The major pair remains capped below the 100-day EMA,…
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USD/INR trades firmly at open as higher Oil price weigh on Indian Rupee
The Indian Rupee trades cautiously against the US Dollar due to rising oil price and consistent FIIs outflow. Oil price…
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GBP/JPY refreshes multi-year high at 212.30 amid Japan’s political concerns
GBP/JPY jumps to near 212.30 as Japanese Yen underperforms, the highest level seen in over 17 years. Japan’s PM Takaichi…
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Japanese Yen struggles near one-year low vs. USD amid political and BoJ uncertainty
The Japanese Yen is pressured by reports that Japan’s Takaichi may call an early election and the BoJ uncertainty. Rising…
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South Korean Won Extends Losses
The South Korean won weakened to around 1,460 per dollar on Monday, extending losses near a three-week low, as markets…
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Yuan Rally Builds as Hedging Costs Fall
The offshore yuan strengthened to around 6.97 per dollar, near thirty-two-month highs, as confidence in the currency continued to build…
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EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD slides for the week as Dollar strength overshadows mixed US payrolls and housing data. Eurozone Retail Sales beat forecasts,…
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Mexican Peso Hovers Around 18 USD
The Mexican peso hovered near 18 per US dollar as a firmer greenback continued to offset domestic support, even as…
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