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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Dollar Extends Fall on Dovish Powell Remarks
The dollar index slipped below 99 on Wednesday, falling for the second straight session after Federal Reserve Chair Jerome Powell’s…
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Aussie Dollar Gains as RBA Flags Hotter Inflation
The Australian dollar appreciated to around $0.650 on Wednesday, recovering some of the prior session’s losses, as investors weighed comments…
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Yen Gains as Markets Reverse Takaichi Trade
The Japanese yen strengthened toward 151 per dollar on Wednesday, rising for the second straight session as markets remain uncertain…
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South Korean Won Rises on Fed Rate Cut Bets
The South Korean won appreciated to around 1,426 per dollar on Wednesday, rebounding from the previous session’s losses as the…
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Offshore Yuan Snaps 3-Session Decline
The offshore yuan rose to around 7.12 per dollar on Wednesday, snapping a three-session decline, as the People’s Bank of…
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New Zealand Dollar Hovers Near 6-Month Low
The New Zealand dollar edged up to $0.572 on Wednesday but remained near a six-month low, as investors digested Reserve…
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Dollar Holds Firm as Trade Tensions Ease
The dollar index hovered above 99.2 on Tuesday after advancing in the previous session, supported by easing US-China trade tensions…
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Won Steadies Amid Ongoing US–Korea Talks
The South Korean won hovered near 1,427 per dollar on Tuesday, showing little change from the previous session as markets…
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Offshore Yuan Rangebound
The offshore yuan edged lower to around 7.14 per dollar on Tuesday, trading within a narrow range as investors monitored…
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GBPUSD – LSEG Recommendation
London Stock Exchange Group | Thomson Reuters LSEG recommends a long position on the pair with the following levels: Entry…
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