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.
-
Pound Sterling ticks up against US Dollar in countdown to US NFP
The Pound Sterling edges up against the US Dollar to near 1.3365 ahead of the US NFP data release. Dovish…
Read More » -
EUR/JPY Gains momentum to near 183.00 as uptrend persists above 100-day EMA
EUR/JPY gains ground to near 182.95 in Friday’s early European session. The broader uptrend for the cross remains intact, with…
Read More » -
USD/CAD Price Wobbles near 1.3660 ahead of US NFP data
USD/CAD consolidates around 1.3660 as investors await the US NFP data. The US employment data is expected to significantly influence…
Read More » -
USD/CHF remains subdued near 0.7800 as US Dollar steadies on recent gains
USD/CHF may recover as the US Dollar steadies following recent gains. US Dollar may further strengthen as Fed officials consider…
Read More » -
Japanese Yen underperforms as Iran conflict prompts BoJ policy uncertainty
The Japanese Yen has been under pressure as investors expect the BoJ’s prolonged hold on interest rates. Iran conflicts seem…
Read More » -
Korean Won Rises on FX Market Expansion
The South Korean won strengthened to around 1,474 per dollar on Friday, gaining traction after stabilizing for two consecutive sessions…
Read More » -
Offshore Yuan Rebounds, Still Set for Weekly Loss
The offshore yuan rose to around 6.9 per dollar on Friday, recouping some of the previous session’s losses as market…
Read More » -
Chart of The Day – EUR/USD
The EURUSD rate dived below 1.1600 again in response to the return of oil gains and the cooling of temporary…
Read More » -
EUR/USD recovers early losses as Iran expresses willingness for truce
EUR/USD recoups its early losses and rebounds to near 1.1625 amid easing US-Iran tensions. Iran expresses willingness to give up…
Read More » -
EUR/GBP steadies near 0.8700 ahead of Eurozone Retail Sales data
EUR/GBP remains steady as traders adopt caution amid geopolitical tensions. ECB’s Villeroy says the central bank is closely monitoring energy…
Read More »
