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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Indian Rupee Stays Sideways
The Indian rupee was little changed around 88.7 per USD, trading in a sideways range, as upbeat comments from US…
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Chart of The Day – USD/CAD
The USD/CAD pair is attracting market attention today, showing noticeable volatility. Currently, the pair is trading around 1.4013, reflecting the Canadian…
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EUR/USD falls to near 1.1550 as US government shutdown nears resolution
EUR/USD edges lower following the news that the US government shutdown is nearing an end. Bloomberg reported centrist Senate Democrats…
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USD/CAD trades lower to near 1.4030 amid talks to end US federal shutdown
USD/CAD faces selling pressure as the Canadian Dollar demonstrates strength. Upbeat Canadian labor market data might push back BoC dovish…
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USD/INR flattens ahead of US Senate vote on federal reopening
The Indian Rupee trades in a tight range around 88.80 against the US Dollar in Monday’s opening session. FIIs turned…
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Offshore Yuan Steady Amid Strong Inflation Data
The offshore yuan remained around 7.12 per dollar, trading in a sideways range as weekend data showed consumer prices in…
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Australian Dollar Gains on Hawkish RBA Comments
The Australian dollar climbed above $0.65, nearing one-week highs, after Reserve Bank of Australia Deputy Governor Andrew Hauser noted that…
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Dollar Steadies as Govt Shutdown Nears End
The dollar index steadied around 99.6 on Monday after falling for three straight sessions, buoyed by signs that a deal…
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Yen Weakens on Stimulus Expectations
The Japanese yen depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will…
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Trade of The Day – EUR/USD
Facts The EURUSD pair rebounded to 1.155 after falling to the 200-day EMA near 1.15, gaining 0.8% as of 12:12 p.m. on Friday, November 7. U.S. House Speaker Mike…
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