AUD/USD update for October 20th, 2021
The Australian dollar has resumed its recovery against the US dollar. AUD/USD has risen to 0.7471, up 0.80% on the day. The pair is at its highest level over last 4 months. The RBA minutes reiterated the old familiar message…
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Gold Making Fresh Gains
Gold prices bring in some new gains over $ 1,770 amid recent pullbacks on the greenback. The US Treasury yields dipped a bit to trade at 1.57% with a loss of 0.57%, weighing on the dollar. The lower value of…
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Important EUR/USD update for October 19th, 2021
EUR/USD is trading near 1.1650, trading at its three-week high. The pair is benefiting from risk sentiment, which is causing the decline in the US dollar. The EUR/USD daily chart shows that the pair is moving within the range of 1.1560…
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Bitcoin Soars To Its 6-Month High Before US Futures ETF Debut
Bitcoin moved near six-month highs on Monday in anticipation of the listing of the first futures-based bitcoin exchange-traded fund (ETF) in the United States, which investors are looking forward to higher trading volumes. Other fund managers will likely launch Crypto…
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Forex Trading: WHAT IS FOREX?
Forex trading is a term used to describe people involved in the effective exchange of foreign currency, usually for the purpose of profit or financial gain. That could take the form of speculators, who want to buy or sell money…
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