Forex News Category

As the Ukraine war and inflation troubles combine stable yields, the XAU/USD is bracing for a $2,000 price For the third day in a row, gold (XAU/USD) has been in the lead, with bids at $1,963 at press time in Friday’s Asian session. The previous day, amid rising anxiety over the Ukraine-Russia confrontation, the yellow

The EUR/USD is once again under pressure as Asia takes over the baton EUR/USD is down 0.13 percent, having fallen from a top of 1.1013 to a low of 1.0982 thus far. The US dollar rose on Wednesday as oil prices rose again, with US President Joe Biden set to announce more sanctions against Russia

With all eyes on the Xi-Biden negotiations, the AUD/USD remains under pressure approaching 0.7350 The AUD/USD broke a three-day rally from a monthly low during Friday’s Asian session, and is now trading at the intraday low of 0.7370. In doing so, the Aussie pair reflects the market’s trepidation ahead of a crucial phone conference between

The USD/CNH remains under pressure at $6.3600 as China news joins the continuing of Ukraine-Russia discussions USD/CNH is down for the third day in a row after reversing from a five-month high and the 200-day moving average. Nonetheless, the price shows minor losses around the 6.3600 mark during Thursday’s Asian session. The offshore Chinese yuan

The dollar is nearing a five-year high against the yen ahead of the Fed, while the Australian dollar is weak due to China concerns On Wednesday, the dollar traded near a five-year high against the yen as investors awaited a Federal Reserve policy decision against the backdrop of the Ukraine war and China’s surging COVID-19