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 bulls seem hesitant as firmer USD counters elevated Oil prices
USD/CAD regains positive traction as sustained safe-haven flows continue to benefit the USD. Supply disruption worries remain supportive of elevated…
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New Zealand Dollar declines below 0.5900 amid mixed Chinese PMI data
NZD/USD softens to around 0.5875 in Wednesday’s Asian session. China’s official PMI dropped to 49.0 in February, weaker than expected. …
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Japanese Yen strengthens to near 157.50 on Middle East geopolitical risks
USD/JPY weakens to around 157.55 in Wednesday’s early Asian session. Trump said new strikes target Iranian leadership. The US February…
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AUD/JPY drops to 110.00 as notable JPY strength offsets upbeat Australian Q4 GDP print
AUD/JPY attracts some sellers for the second straight day as safe-haven flows underpin the JPY. The upbeat Aussie GDP reaffirms…
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USD/CHF weakens to near 0.7800 as Middle East tensions lift Swiss Franc
USD/CHF edges lower to near 0.7805 in Wednesday’s early European session. Rising tensions in the Middle East could boost the…
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Indian Rupee hits record low as USD/INR surges on Oil, risk aversion
The USD/INR pair reached a fresh record high of 92.58 on Wednesday. Indian Rupee remains under pressure amid higher Oil…
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Pound Sterling weakens to near 1.3300 as geopolitical risks bolster US Dollar
GBP/USD drifts lower to near 1.3310 in Wednesday’s early European session. Rising Middle East geopolitical tensions boost the US Dollar, a safe-haven…
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Sterling Slides Amid Middle East Tensions and Weaker UK Growth Forecasts
Sterling fell toward $1.33, its lowest since December 9, as a stronger US dollar drew safe-haven demand amid Middle East…
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EUR/USD Deepens Decline, Falls to Key Support Level
The euro is performing very poorly today, pressured by a strengthening US dollar and the prospect of a surge in…
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Currency Talk – EUR/CAD, EUR/USD, NZD/USD
The Overbalance analysis aims to identify three financial instruments, analysed mainly on a daily/four-hourly interval (D1/H4). The analysis uses only…
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