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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Canadian Dollar gains ground on rising oil prices, Fed rate decision looms
USD/CAD trades with mild losses near 1.3685 in Tuesday’s Asian session. Higher crude oil prices underpin the commodity-linked Canadian Dollar. …
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Japanese Yen weakens as USD strengthens, intervention looms
Japanese Yen’s downside could be restrained as Japanese authorities may intervene to limit the currency’s weakness. Japan’s Finance Minister Katayama…
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GBP/USD Price Forecast: Tests 1.3300 support as bearish bias prevails
GBP/USD may fall toward the three-month low of 1.3218. The 14-day RSI near 39 signals persistent selling pressure without signs…
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AUD maintains position following China’s data
AUD/USD steadies despite stronger-than-anticipated key economic data from China. China’s Retail Sales rose 2.8% YoY in February, beating 2.5% forecasts…
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USD/JPY Price Remains above 159.50 amid persistent bullish bias
The USD/JPY pair tests 159.75, its highest level since July 2024. The 14-day Relative Strength Index sits in the high…
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EUR/JPY rises above 182.50 as Iran war resolution hopes grow
EUR/JPY rises as risk aversion eases after reports US Energy Secretary Chris Wright expects the Iran war to end within…
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EUR/USD Price Holds firm near 1.1450 but bearish signals persist below key EMA
EUR/USD holds positive ground around 1.1450 in Monday’s Asian session. The pair keeps the bearish vibe below the key 100-day…
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South Korean Won Pauses Slide
The South Korean won hovered near 1,495 per dollar, pausing its decline after dropping to its weakest level since 2009…
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Offshore Yuan Stabilizes
The offshore yuan edged up to around 6.901 per USD on Monday, halting losses from the previous week as investors…
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AUD/USD Loses Nearly 1%
The Australian dollar wipes out recent gains🔥 Risk-off sentiment, higher US PCE inflation, and stronger consumer spending are boosting the…
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