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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EUR/GBP slips to near 0.8700 due to BoE caution, Ukraine tensions
EUR/GBP weakens as the Pound Sterling holds steady amid caution over the BoE policy outlook. Traders adopt caution as uncertainty…
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Pound Sterling flattens against US Dollar as markets turn to FOMC Minutes
The Pound Sterling trades calmly near 1.3500 against the US Dollar ahead of the release of the FOMC minutes. Investors…
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EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes
EUR/USD moves little as traders adopt caution ahead of the FOMC December Meeting Minutes. Traders remain uncertain about an end…
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GBP/USD Price Forecast: Gains momentum, first upside barrier emerges near 1.3550
GBP/USD gathers strength near 1.3510 in Tuesday’s Asian session. Expectations that the BoE will follow a gradual monetary easing path…
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USD/CHF pulls back from 0.7900 as safe-haven demand supports Swiss Franc
USD/CHF depreciates as safe-haven demand increases amid the uncertain Ukraine–Russia situation. The US Dollar may face challenges due to growing…
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USD/CAD Sees more downside below 1.3640
USD/CAD flattens around 1.3685 ahead of the release of FOMC minutes. The Fed signaled only one interest rate cut by…
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EUR/JPY holds steady below 184.00, BoJ signals further tightening
EUR/JPY flat lines near 183.80 in Tuesday’s early European session. BoJ’s Summary of Opinions showed board members saw the need…
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USD/INR trades subduedly while consistent FIIs selling keeps outlook upbeat
The Indian Rupee trades marginally higher against the US Dollar at open in a thin trading volume day. FIIs turned…
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Dollar Steady, Fed Minutes Awaited
The US dollar held steady at 98 on Tuesday, remaining near its lowest level since early October, as investors awaited…
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Yuan Remains Strong Amid Year-End Flows
The offshore yuan hovered around the 7 per dollar mark, trading near its highest in fifteen months, as seasonal year-end…
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