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.
-
NZD/USD languishes near one-week low, around 0.5735 after China’s PMI data
NZD/USD remains depressed for the third consecutive day amid a combination of negative factors. The Fed’s hawkish tilt continues to…
Read More » -
USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets
The Indian Rupee weakens against the US Dollar, with the USD/INR rising to near 88.85. Receding Fed dovish speculation and…
Read More » -
EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday
EUR/JPY bulls retain control as the BoJ rate hike uncertainty keeps the JPY bulls on the defensive. Japan’s PM Takaichi…
Read More » -
USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
USD/CAD remains steady amid decreasing odds of additional Fed rate cuts. Fed Chair Powell said that another rate cut in…
Read More » -
Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying
The Japanese Yen attracts some buyers as the stronger Tokyo CPI print revives BoJ rate hike bets. The BoJ could…
Read More » -
Australian Dollar loses ground after mixed China’s NBS PMI data release
Australian Dollar struggles after the release of mixed China’s NBS Purchasing Managers’ Index data. China’s NBS Manufacturing PMI fell to…
Read More » -
USD/CHF gains as Fed signals slower easing, US-China trade relations improve
The US Dollar consolidates its gains after the Federal Reserve’s hawkish rate cut. The Federal Reserve signals a slower pace…
Read More » -
Pound Sterling remains fragile against US Dollar on improving US-China trade relations
The Pound Sterling gives back early gains and turns slightly lower to near 1.3185 against the US Dollar. The US…
Read More » -
USD/CAD picks up to 1.3950 amid a firmer US Dollar
The US Dollar bounces up from one-month lows against the CAD and reaches session highs at 1.3950. The Greenback is…
Read More » -
EUR/JPY surges above 177.50 following BoJ interest rate decision, ECB policy eyed
EUR/JPY climbs as the Japanese Yen loses ground after the BoJ decided to keep interest rates unchanged. The JPY remains…
Read More »
