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/USD Tests nine-day EMA support near 1.1750
EUR/USD may rise toward the psychological level of 1.1800. The 14-day Relative Strength Index holds above the midline, signaling buyer…
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Dollar Remains Subdued
The US dollar edged below 98 on Monday, trading sideways near its lowest level since early October as holiday-thinned trading…
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Yuan Holds as PBOC Signals Stability
The offshore yuan steadied around the 7 per dollar mark on Monday, after reaching a fifteen-month high in the previous…
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Rupiah Dips But Dollar Weakness Limits Losses
The Indonesian rupiah slipped toward IDR 16,750 per dollar on Friday after briefly firming near 16,730 in the prior session,…
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Japanese Yen Heads for Solid Weekly Gains
The Japanese yen strengthened past 155 per dollar on Friday, positioning itself for solid weekly gains as investors expect the…
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Korean Won Appreciates on Policy Support Measures
The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew…
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Yuan Strengthens to Multi-Year High
The offshore yuan appreciated to around 7 per dollar on Friday, extending gains for the third consecutive session and marking…
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Dollar Remains Under Pressure
The US dollar held at 97.9 on Friday, remaining at its lowest level since early October, as investors continued to…
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Chart of The Day – USD/JPY
The USD/JPY market is currently in a transitional phase between the end of the previous zero interest rate regime and…
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GBP/JPY hangs near weekly low, around mid-210.00s amid a broadly firmer JPY
GBP/JPY remains under some selling pressure for the second straight day on Wednesday. BoJ rate hike bets and safe-haven flows…
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