Forex News Category

Global stocks falter as Didi delisting raises concerns of China in US Stocks tumbled on Friday after Chinese giant Didi announced that it would be delisting in New York, sparking new concerns about tensions and tech regulations in China, while Omicron oil prices fell for the sixth straight week and fears of a rate hike

USD/JPY pair may return to 113.00 amid falling yields USD/JPY rebounded to 113.00 during its first open in Tokyo on Thursday, struggling to defend its first of a three-day advance. The yen appears to be receiving signals from the dollar’s rebound and a surge in global market volatility reflecting recent moves. But the Fed’s next

USD/JPY is recovering from a nearly two-month low and is climbing above the 113.00s mid-point USD/JPY maintained its footing in pre-European trading and last traded near its daily high at 113.60. After overnight volatile price movements, the USD/JPY pair gained some positive dynamics on Wednesday and found support from several factors. Global risk sentiment has

Options market USD/CAD turns most bearish in last two weeks & expecting volatility  in future WTI crude fell to $70.40 in an early two-day rally on Tuesday. While the 2-day symmetrical triangle limits Black Gold’s recent move, adding 50 HMA to the RSI’s decline and the upper barrier is encouraging for sellers. However, a clear

GBP/USD remains weak below 1.3350 amid omicron concerns and Brexit concerns GBP/USD is trading moderately below 1.3350, consolidating from its 11-month low of 1.3278, with risk sentiment improving slightly. Despite the risk reset, the risk remains downward biased against the majors as they continue to face the latest Omicron covid and ongoing Brexit issues. Risk