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.
-
USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD
USD/CHF drifts lower for the second straight day on Wednesday amid sustained USD selling. Tuesday’s US macro data reaffirmed December…
Read More » -
GBP/USD inches lower to near 1.3100 as UK Gilts tick down
GBP/USD loses as UK 10-year Gilt yields weaken ahead of the looming November 26 budget. The Pound Sterling struggles as…
Read More » -
EUR/JPY trade with negative bias around mid-180.00s; eyes German GDP for fresh impetus
EUR/JPY edges lower on Tuesday as intervention fears offer some support to the JPY. Fiscal concerns and the BoJ rate…
Read More » -
USD/CHF clings to gains near 0.8100, multi-week top amid bullish USD and risk-on mood
USD/CHF sticks to a positive bias as the USD preserves its gains to a multi-month high. A positive risk tone…
Read More » -
EUR/GBP flat lines near 0.8800 as traders await UK Autumn Budget
EUR/GBP trades flat around 0.8790 in Tuesday’s early European session. The UK government’s Autumn Budget will take center stage later…
Read More » -
Yen Edges Up on Intervention Watch
The Japanese yen rose to around 156.6 per dollar on Tuesday, recovering losses from the previous session amid speculation that…
Read More » -
Won Rises on Fed Rate-Cut Expectations, Domestic Growth Signals
The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a…
Read More » -
Offshore Yuan Hits Over One-Year Peak
The offshore yuan climbed to around 7.09 per dollar on Tuesday, reaching its highest level since early October last year,…
Read More » -
Sterling Little Changed Ahead of Budget
The British pound hovered just below $1.31 as traders awaited the UK’s Nov. 26 budget. Finance minister Rachel Reeves is…
Read More » -
Dollar Holds at 6-Month High
The dollar index stayed above 100 on Monday, hovering near a six-month high as investors continued to assess the Federal…
Read More »
