AUD / USD defends 0.7000, prepares for RBA omissions, PBOC RRR falls in stronger yields The AUD / USD rose slightly to 0.701015 during the Asian session on Monday, licking the wounds after the sharp daily decline since early May.
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
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
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
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
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
How to Choose the Right Forex Broker If you are a new trader about to start trading Forex then you are having the most confusing time of the process, trying to find the right broker. Worry no more, this article
GBP/JPY: Brexit, full-fledged bear dominating below 153.00 on COVID-19 chatter GBP/JPY licks the cut at the 152.70 area after hitting a week-long high before hitting a two-week low of 152.47 ahead of the London opening on Friday. The Cross saw
EUR/GBP hovers around 0.8400, ECB’s Lagarde and BOE’s Bailey keep an eye on EUR/GBP remained bearish in the early hours of Thursday morning in Europe. Cross-currency pairs are approaching their annual lows recorded on Monday as fears over coronavirus in
USD/JPY rise above 115.00 when bullish track hits 44-month high The USD/JPY bull is breathing around 115.10 after a spike that broke a multi-month high earlier on Wednesday. At the same time, the yen is struggling to extend its two-day
Gold price outlook: XAU/USD Bulls bullish amid weak US dollar in Asia Asia’s gold is rallying as the US dollar offset some of its overnight gains as the US dollar breaks new cyclical highs following the re-election of Fed Chairman
Spotlight on Retail Sales of Pound and Canadian Dollar GBP/CAD is still moving lower and is trading moderately near 1.6990 early on Friday. The cross hit a one-month high the day before retreating from the 50-day EMA. At the same
RBNZ Survey – Inflation is expected to rise & to be around 3% Aggressive polls at the Reserve Bank showed a very sharp rise in expectations for future inflation. The results of the RBNZ’s latest quarterly forecast survey could fuel
EUR/USD accelerates decline below 1.1300 The EUR/USD exchange rate has been heavy this week. On Tuesday, it fell in the US and expanded in Asia. Now falls faster and reaches a few stops below 1.13. The US dollar sold in
EUR/JPY broke its eighth straight day of decline and is hovering around the 130.00 level The pair has been under pressure from an upward US dollar backed by inflation data. In addition, the adjusted decline in US Treasury yields also
China’s Retail Sales Growth Impact & Forecast The Chinese economy is going through a difficult time due to the spread of the novel coronavirus infection (COVID-19). Meanwhile, China faces serious challenges from soaring energy prices. Coal and natural gas prices
NZD/USD Weakens Even After Failing to Defend its November Opening Range NZD/USD is going weak despite its November opening range that was superb figures. The currency has broken down to defend the November opening range right now in the market.
Rivian Gears up for Nasdaq Debut, Tesla Bounces Back The electric car manufacturer Rivian is all set to make its debut on the Nasdaq today with the highest IPO, and the timings could not be more perfect than this. A
