EUR/USD Outlook: Currency Pair Of The Week
Introduction The EUR/USD currency pair, a major indicator in the forex market, continues to attract significant attention from traders and investors. As of May 28, 2024, the pair has been…
Forex News
AUD/USD Analysis: US Dollar Rebounds From Decline
Introduction The Australian Dollar (AUD/USD) has recently shown signs of strength, rebounding from the crucial 0.66400 support zone. This rebound comes after a period of decline for the US Dollar,…
Gold Market Analysis And Reddit Discussions: Insights From May 10, 2024
Introduction The gold market has always been a point of interest for investors seeking a stable asset amidst economic uncertainties. On May 10, 2024, the gold market saw significant movements…
EUR/USD Forecast: A Test Of The 2024 Low Now Appears On The Cards
Introduction As the EUR/USD currency pair navigates through a turbulent market, forecasts indicate a possible test of its 2024 low. This projection is rooted in the prevailing economic conditions and…
Japanese Yen Hits 30-Year Low Amid Dollar Strength
Introduction The Japanese Yen has plunged to a 30-year low against the US Dollar, a development that has sent ripples through the forex markets and prompted concerns about the broader…
Japan’s Inflation Cools Ahead Of BOJ Policy Board Meeting
Introduction In April 2024, Japan’s inflation rate exhibited signs of cooling, a development that precedes a critical policy board meeting by the Bank of Japan (BOJ). This meeting is highly…
ECB Policy Update: Inflation Trends And Economic Outlook
Introduction The European Central Bank (ECB) released its policy update for February 2024, providing an in-depth look at the current inflation trends and the economic outlook for the Eurozone. This…
Australian Dollar Outlook: AUD/USD Eyes RBA’s February Rate Decision
Introduction The Australian Dollar (AUD) has been on a turbulent ride in recent months, with traders and investors closely monitoring the currency’s movements ahead of the Reserve Bank of Australia’s…
Gold And US Dollar Analysis: Forex Friday
Introduction In this week’s Forex Friday analysis, we delve into the dynamics between gold and the US Dollar, particularly focusing on the impact of recent economic data and the upcoming…
Forex Today: Dollar Stands Tall As US Retail Sales Data Exceeds Expectations
Introduction The US Dollar experienced a significant boost following the release of retail sales data that exceeded market expectations. This surge has set the stage for heightened anticipation around the…
Evening Update Analysis For EUR/USD – December 28, 2023
Introduction As of December 28, 2023, the EUR/USD currency pair has shown notable movement in the forex market. This evening update provides a comprehensive analysis of the pair’s performance, the…
GBP/USD Technical Analysis: Sterling Rebounds
Introduction In recent trading sessions, the GBP/USD pair has shown a significant rebound, igniting interest among traders and analysts alike. This article delves into the technical analysis of the GBP/USD…
Some Reasons Why Forex Trading Is Not Easy at All
United States – Foreign exchange or Forex trading might look meek, which makes traders think there’s no hassle in trading currencies. However, once traders experience it, they share insights that…
Forex over Dollar Increases as Inflation Demands Continue
United States – The dollar boosted on Monday, December 12, after the data on December 9 displayed the United States or the US producer prices’ increase. The boost was more…
PH Forex Reserves to Stay Over $90 Billion as per BSP Chief
Philippines – Bangko Sentral ng Pilipinas or BSP’s chief, Governor Felipe M. Medalla, expects the PH Forex reserves to stay over $90 billion until next year after projecting a healthy…