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.
-
South Korean Won Rises Over Trade Dialogue Progress with US
The South Korean won strengthened to about 1,370 per dollar on Wednesday, amid expectations of renewed momentum in trade talks…
Read More » -
USD/INR gains ground on Middle East jitters
The Indian Rupee weakens in Wednesday’s Asian session. Risk-off sentiment from escalating Israel-Iran tensions weighed on the INR. The Fed…
Read More » -
The Australian Dollar gains ground despite dampened risk sentiment
The Australian Dollar rebounds after losing more than 0.50% in the previous session. The AUD may lose ground due to…
Read More » -
GBP/USD rebounds toward 1.3450 after losing over 1% in previous session, UK CPI eyed
GBP/USD edges higher ahead of the UK Consumer Price Index data release for May. The US Fed is widely expected…
Read More » -
EUR/USD holds positive ground near 1.1500 ahead of Fed rate decision
EUR/USD gains traction to near 1.1500 in Wednesday’s Asian session. The Fed is likely to keep rates steady at the…
Read More » -
Japanese Yen languishes near monthly low against USD on mixed BoJ rate hike cues
The Japanese Yen retests the monthly swing low against its American counterpart. Reduced bets for a BoJ rate hike in…
Read More » -
USD/CAD steadies as traders digest mixed US Retail Sales data ahead of the Fed
USD/CAD trades near 1.3575 as markets digest a mixed US Retail Sales ahead of Wednesday’s Fed rate decision. Elevated Oil…
Read More » -
EUR/USD edges lower traders brace for Fed verdict, Euro sentiment brightens, US data mixed
EUR/USD slips below 1.1550 as traders digest mixed US data and monitor Middle East tensions. US Retail Sales dropped 0.9%…
Read More » -
Chart of The Day – USD/JPY
The Bank of Japan left its short-term interest rate unchanged at 0.5% and unanimously maintained the existing bond purchase reduction schedule…
Read More » -
NZD/USD clings to gains around 0.6065-0.6070, remains close to YTD peak ahead of US Retail Sales
NZD/USD trades with a positive bias for the second straight day amid a weaker USD. Reduced RBNZ rate cut bets…
Read More »
