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.
-
GBP/USD rebounds above 1.36 as Israel-Iran conflict deepens, Dollar weakens on risk shift
GBP/USD climbs 0.27% to 1.3600 after dropping to 1.3515 on Friday amid Middle East tensions. Israel-Iran hostilities escalate, keeping markets…
Read More » -
USD/INR ticks down while firm Oil prices, foreign outflows continue to batter Indian Rupee
The Indian Rupee ticks higher after sliding to near 86.20 against the US Dollar. Tehran threatens to close the Strait…
Read More » -
Chart of The Day – EUR/USD
EURUSD reapproaches key resistance near 1.16 despite speculated options market correction and higher U.S. interest rates. However, the European Central Bank…
Read More » -
US Dollar Index holds steady above 98.00 on heightened Middle East geopolitical tensions
The US Dollar Index flat lines around 98.15 in Monday’s early European session. The Fed is expected to keep interest rates steady…
Read More » -
EUR/JPY, Key upside barrier emerges near 166.50
EUR/JPY strengthens to near 166.50 in Monday’s early European session. The positive view of the pair prevails above the key…
Read More » -
GBP/USD Price Treads water above 1.3550, nine-day EMA
GBP/USD may test the 1.3632, the fresh highest since February 2022. The 14-day Relative Strength Index remains above 50, suggesting…
Read More » -
GBP/JPY struggles to break above 196.00 ahead of BoJ-BoE monetary policy
GBP/JPY faces pressure near 196.00, with investors awaiting the BoJ-BoE monetary policy outcome. Both the BoJ and the BoE are…
Read More » -
EUR/USD Ascending channel favors bulls ahead of the key central bank event risk
EUR/USD kicks off the new week on a softer note amid a modest USD uptick. The lack of follow-through selling…
Read More » -
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 »
