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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New Zealand Dollar Gains on Softer US Dollar
The New Zealand dollar rose for a second consecutive day to around $0.574 on Thursday, benefiting from broad weakness in…
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EUR/USD Muted After Expected Increase in French And Spanish Inflation
07:45 AM BST, France – Inflation Data for September: French HICP: actual 1.1% YoY; forecast 1.1% YoY; previous 0.8% YoY; French HICP: actual -1.1%…
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USD/CAD remains below 1.4050 due to dovish Fedspeak
USD/CAD edges lower as the US Dollar struggles on dovish comments from Fed officials. Fed Chair Jerome Powell said that…
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GBP/USD rises to near 1.3350 due to rising Fed rate cut bets
GBP/USD advances as the US Dollar faces challenges on the dovish tone surrounding the Fed Policy outlook. Fed Chair Jerome…
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EUR/USD strengthens above 1.1600 as Fed’s Powell keeps door open for rate cuts
EUR/USD gathers strength around 1.1620 in Wednesday’s Asian session. Fed’s Powell signaled that more interest rate cuts are in the…
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EUR/JPY falls to near 175.50 due to increased safe-haven demand
EUR/JPY moves little following the release of Japan’s weaker Industrial Production data for August on Wednesday. The Japanese Yen advances…
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USD/INR tumbles at open on possible RBI’s intervention
The Indian Rupee jumps to near 88.10 against the US Dollar on hopes that the RBI has intervened in currency…
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AUD/JPY – Bullish tone prevails, first upside barrier emerges near 99.50
AUD/JPY trades flat around 98.50 in Wednesday’s early European session. The cross keeps the bullish view, but the overbought RSI…
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EUR/CAD Seems poised to retest multi-year top, around 1.6400
EUR/CAD extends the overnight breakout momentum above the 50% Fibo. retracement level. The technical setup favors bulls and backs the…
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USD/CHF drops to near 0.8000 as US Dollar slides further
USD/CHF slides to near 0.8000 as the US Dollar extends its downside. Fed’s Powell warns of labor market risks despite…
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