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.
-
USD/CAD rebounds to near 1.3600 as Oil prices correct downwards, G7 Summit eyed
USD/CAD edges higher as the commodity-linked CAD struggles due to lower Oil prices. WTI price may regain its ground amid…
Read More » -
Offshore Yuan Muted After Mixed Data
The offshore yuan held steady to around 7.18 per dollar on Monday, as markets digested a batch of mixed Chinese…
Read More » -
South Korean Won Rises on Reform Hopes
The South Korean won rose to around 1,365 per dollar on Monday, marching back toward multi-month highs as investor optimism…
Read More » -
GBP/USD consolidates around mid-1.3500s ahead of this week’s key data/central bank event risks
GBP/USD kicks off the new week on a softer tone amid rising geopolitical tensions. The USD struggles to gain any…
Read More » -
NZD/USD remains above 0.6000, moves little after China’s economic data release
NZD/USD remains silent amid escalating geopolitical tensions in the Middle East. China’s Retail Sales advanced 6.4% YoY in May, against…
Read More » -
EUR/USD remains subdued near 1.1550 due to rising Israel-Iran tensions
EUR/USD faces challenges due to escalating geopolitical tensions in the Middle East. Israel and Iran continue to attack each other,…
Read More » -
AUD steadies following mixed economic data from China
The Australian Dollar declines due to risk aversion amid escalating Israel-Iran tensions. China’s Retail Sales climbed 6.4% YoY in May,…
Read More » -
JPY remains on the back foot ahead of the crucial BoJ policy meeting
The Japanese Yen kicks off the new week on a weaker note, though the downside seems limited. Rising geopolitical tensions…
Read More » -
US Dollar Index strengthens above 99.00 amid hope for US-China trade deal
The US Dollar Index gains momentum to near 99.25 in Tuesday’s early European session, adding 0.22% on the day. Hope for…
Read More » -
GBP/JPY remains weak near 195.50 after UK employment data
GBP/JPY loses ground to around 195.65 in Tuesday’s early European session. UK Unemployment Rate rose to 4.6% in three months…
Read More »
