Introduction Short build-up is a critical phenomenon in stock trading, often reflecting market participants’ bearish sentiment. A recent analysis of Aarti Industries, Auro Pharma, and Trent revealed significant short build-up…
Introduction Muhurat trading, a unique one-hour stock market session in India, is held annually on Diwali, marking the start of the new Hindu financial year, Samvat 2081. This auspicious trading…
There are several different types of financial products. Stocks and bonds are the most widely known, while alternative assets such as commodities, forex, and cryptocurrency also are part of a…
As many people in Turkey struggle to survive amid the present economic climate of inflation, the Turkish lira has also indicated a bleak picture. This official currency of Turkey has…
The South African rand jumped 0.93 percent to 16.14 South African Rand to US$1 during the early trading sessions in Asia today, Monday, November 29. The currency recovered from last…
The Israeli shekel has become stronger this year and is still reportedly gaining more. This development comes as the country’s central bank, the Bank of Israel, completed its acquisition of…
Analysts evaluating the events in the currency markets remarked that the coronavirus or COVID-19 global healthcare crisis is still a dominant factor influencing the world’s major currencies nowadays. Their perspectives…
US Dollar Performance Following Non-Farm Payrolls Miss The US dollar erased intra-day gains made in European and Asian trading sessions early Monday morning, June 7. It also fell across the…
The first week of April 2021 ended on a positive note for the US dollar. On Friday, April 2, the US Dollar Index posted its third consecutive weekly percentage gain,…
The People’s Bank of China (PBOC) remarked that it would make the Chinese exchange rate more flexible. This statement of the Chinese central bank comes following the monetary policy committee’s…
The Turkish lira has demonstrated that it is heavily impacted by President Recep Tayyip Erdogan’s latest move. It opened much lower during the early trading sessions after the Turkish leader…
Wednesday trading witnessed the US dollar sliding, falling 0.2 percent to 108.84 Japanese yen. The euro surged 0.7 percent against the US dollar to $1.1978. According to the report posted…
Pakistan-based foreign exchange or forex consumers will have a better experience starting this month. The State Bank of Pakistan, also known as the SBP, has declared that it has launched…
The euro, Aussie, and Kiwi slid early Friday, March 5, along with stocks, as investor sentiment turned sour once more. This latest development in the foreign exchange realm comes as…
Even though many had been focusing on a short-term Euro weakness against the US dollar, not so much attention had been given to the pound’s consistent outperformance. Cable edged above…