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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Yen Rebounds on Intervention Signals
The Japanese yen rose to around 157 per dollar on Monday, rebounding from a four-week low hit in the previous…
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USD/INR remains on backfoot on RBI’s tentative boost to Indian Rupee
The Indian Rupee gains against the US Dollar as the US CPI growth remains moderate in November. FIIs turned out…
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USD/CAD Price Forecast: Remains broadly sideways below 1.3800
USD/CAD ticks up to near 1.3790 as the US Dollar trades higher. The US inflation grew at a moderate pace…
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EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold
EUR/GBP flat lines near 0.8760 in Friday’s early European session. The Bank of England voted to cut interest rates from…
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EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/USD may rise toward a two-month high of 1.1804 amid prevailing bullish bias. The 14-day Relative Strength Index at 62.11…
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Australian Dollar Set for Weekly Decline
The Australian dollar held steady around $0.661, hovering two-week lows and headed for its first weekly decline in a month,…
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Offshore Yuan Weakens, Still Set for 4th Weekly Gain
The offshore yuan weakened to around 7.03 per dollar, retreating from an over one-year high hit in the previous session,…
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Chart of The Day – NZD/USD
New Zealand’s economy recorded a stronger-than-expected rebound in Q3, with production-based GDP rising 1.1% q/q and expenditure-based GDP increasing 1.3%…
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Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar extends losses despite growing odds of an RBA rate hike as early as February. Australia’s Consumer Inflation…
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USD/CHF consolidates around 0.7950 as investors await US inflation data
USD/CHF trades flat around 0.7950 ahead of the US CPI data for November. US President Trump stated that the new…
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