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/JPY loses traction below 183.00 as Middle East conflict lifts Japanese Yen
EUR/JPY loses ground to around 182.95 in Monday’s early European session. Geopolitical risks in the Middle East could boost the…
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EUR/USD Price Falls toward 1.1500 near seven-month lows
EUR/USD may find the initial support at the seven-month low of 1.1468. The 14-day Relative Strength Index falls below 30,…
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Sterling Hits 3-Month Low
Sterling slid to a three-month low of $1.33 on Monday, extending last week’s losses, dragged down by a stronger US…
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South Korean Won Hits Weakest Level Since 2009
The South Korean won fell below 1,500 per dollar, extending losses to its weakest level since early 2009, as surging…
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Offshore Yuan Hits One-Month Low
The offshore yuan weakened to around 6.92 per USD on Monday, hitting a four-week low as market uncertainty intensified after…
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Three Markets to Watch Next Week
Financial markets woke up in March to a new reality. Donald Trump’s decision to strike Iran triggered major shifts across…
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NZD/USD declines as US Dollar rises on risk aversion, RBNZ policy
NZD/USD weakens on Friday as risk aversion supports the US Dollar. The RBNZ maintains an accommodative stance, pushing back rate…
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GBP/JPY steadies as markets scale back BoE easing and delay BoJ hikes
GBP/JPY consolidates within the weekly range above 210.00 on Friday. US-Iran conflict lifts Oil price, reviving global inflation concerns. Markets…
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EUR/USD Eyes nine-day EMA barrier after rebounding from 1.1600
EUR/USD may navigate the region around the seven-month low of 1.1468. The 14-day Relative Strength Index near 35 signals sustained…
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Australian Dollar strengthens against its peers ahead of US NFP data
AUD/USD bounces back after Thursday’s losses and rises to near 0.7040 in the Asian trade on Friday. Soaring global oil…
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