USD/CAD gains are restrained by increasing Oil prices in the mid-1.3300s.
Although it doesn't follow through, USD/CAD rebounds off the weekly low it reached earlier on Friday. The demand for the USD is rekindled, and the major gains some support from an increase in US bond rates. The Loonie is supported…
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4 Global Market Updates- 25 November, 2022
In this article, we have covered the highlights of global market news about the AUD/USD, NZD/USD, GBP/USD and USD/JPY. AUD/USD eases off a one-week high, and any decline is restricted given a lower US dollar. After retesting the high of November 15–16 in the 0.6780s,…
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The Psychology of Forex Market Speculation
Trading involves forex speculation, which is the name of the game. Even if there is no assurance of success, every trader eventually needs to click "buy" or "sell" and commit to a position based on their research. Unfortunately for traders,…
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NZD/USD bulls eye 0.6300 as Fed expects no more rate rises
NZD/USD has cleared the significant threshold of 0.6250 during a risk-on solid trend. Federal Reserve officials favor the interest rate rise slowing regime to lower financial risks. The New Zealand Reserve Bank expects the interest rate to peak at 5.5…
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4 Global Market Updates- 24 November, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, USD/JPY, USD/TRY and USD/CHF. EUR/USD may fluctuate slightly at 1.03, according to Commerzbank Due to weak holiday activity, the US dollar is still under pressure. Commerzbank economists anticipate that the…
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