Hey there, folks! It's time to celebrate some good news out of South Korea! According to a recent report by UOB Group economist Ho Woei Chen, the country has successfully ...

USD/CNH Continues to Struggle Against Solid Resistance at 6.9650

by admin · April 26, 2023 ·

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Are you keeping an eye on the USD/CNH pair in the forex market? If so, you'll be interested to know that extra gains could be on the horizon, but there's ...

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Oil Prices Rise as Asian Stock Markets Remain Flat Despite Upbeat US Tech Earnings

by admin · April 26, 2023 ·

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It's a rocky road for Asian stock markets as renewed US banking jitters create immense selling pressure. The Japanese stocks have taken a sharp dip, despite the Bank of Japan's ...

USD Index Holds Steady at 101.80 Amid Anticipation of Market Data

by admin · April 26, 2023 ·

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Hey there, traders! It looks like the greenback is off to a rocky start this week. The USD Index (DXY) gave up some gains yesterday and is trading with marginal ...

Forex Today: US Dollar Faces Mid-Tier Data Headwinds in Quest for Foothold

by admin · April 25, 2023 ·

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FOREX TODAY: Good day, traders! Are you ready to rock this Tuesday with the latest Forex news? Let's dive in!After Monday's sell-off, the US Dollar (USD) is trying to find ...

USD/CAD Surges to 1.3550 as Oil Prices Weigh on Sentiment

by admin · April 25, 2023 ·

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USD/CAD is currently grinding near its highest levels in three weeks, thanks to the downbeat risk profile that's got everyone on edge. But don't worry, the US Dollar is bouncing ...

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Global PMI Reports and Interest Rate Concerns Push Oil Prices Down to Near $76.75

by admin · April 24, 2023 ·

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Well, well, well, it looks like oil prices have hit the skids again, dropping to approximately $76.75. Why, you ask? Oh, just because everyone's freaking out about a global economic ...

Gold Price Forecast: XAU/USD Under Pressure as US Dollar Strengthens

by admin · April 24, 2023 ·

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Gold, gold, gold! It's been quite the rollercoaster ride for Gold. and it looks like the ride isn't over yet. For the second day in a row, the XAU/USD is ...

Mastering the Dynamic Potential of Relative Strength Index in Forex Trading: A Guide to Profitable Trading

by admin · April 22, 2023 ·

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Introduction Forex trading, at its core, involves the intricate dance of buying one currency while simultaneously selling another. This global decentralized market, representing the world's largest financial platform, witnesses currency exchanges ...

AUD/USD Regains Momentum, Surges Above 0.6700 Level

by admin · April 21, 2023 ·

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The US Dollar Index might be dropping, but the commodity currencies are feeling the pressure today. There's some key data coming up, so buckle up! The US S&P Global PMI ...