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.
-
Dollar Eases as Risk Appetite Improves
The dollar index slipped to around 100 on Thursday, retreating from over five-month highs as stronger risk sentiment curbed demand…
Read More » -
Yen Rises Amid Firm Wage Data
The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth…
Read More » -
Chart of The Day – EUR/USD
The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from…
Read More » -
Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.6500 Short – term trend remains downward Recommendation: Trade: Short position…
Read More » -
Trade of The Day – USD/JPY
Facts: The difference between BoJ and FED rates is currently between 3.25-3.5 percentage points. BoJ decided to maintain interest rates…
Read More » -
EUR/USD ticks up from three-month lows as US Dollar eases
The Euro picks up from 1.1500 lows as the US Dollar takes a breather. Investors’ cautious mood and dwindling hopes…
Read More » -
Chart of The Day – AUD/USD
RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor…
Read More » -
EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
EUR/GBP trades on a stronger note near 0.8750 in Tuesday’s early European session. Market pricing suggests around a one-in-three chance…
Read More » -
USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
USD/CHF prolongs its uptrend for the fifth straight day amid sustained USD buying interest. The Fed’s hawkish tilt offsets economic…
Read More » -
South Korean Won Weakens to 7-Month Low
The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level…
Read More »
