The USD/JPY pair is having a bit of a dance-off, oscillating within a narrow trading band near a multi-week high. The safe-haven JPY is strutting its stuff thanks to a ...

USD/CAD Holds Strong near One-Week High despite Falling Oil Prices

by admin · April 20, 2023 ·

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Oh, snap! The USD/CAD pair is holding its own near a one-week high as oil prices take a major tumble. The Loonie is feeling the pressure and lending support to ...

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Brace Yourself for the Roller Coaster Ride – UOB Forecasts a Dip in the EUR/USD Currency Pair

by admin · April 20, 2023 ·

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If you're a Forex trader, buckle up for a wild ride! The United Overseas Bank (UOB) has thrown a curveball into the EUR/USD currency pair game, predicting that it's about ...

How to Use Moving Averages for Profitable Forex Trading?

by admin · April 20, 2023 ·

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Are you tired of boring and confusing forex trading strategies? Look no further, because we have an exciting and effective tool to share with you - moving averages! Moving averages are ...

New Zealand Q1 CPI Inflation Expected to Rise to 1.7%: Insights from TDS

by admin · April 19, 2023 ·

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Hold on to your hats, Kiwi watchers! The quarterly consumer inflation figures from New Zealand are due during the Asian session on Thursday, and the team at TD Securities (TDS) ...

US Dollar Rebounds with Boost from Rising Bond Yields: A Look at the Market Movers and Fed’s Impact

by admin · April 19, 2023 ·

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The US dollar has bounced back following a dip on Tuesday. Despite a lack of major US economic data, the rise in US Treasury bond yields is thought to be ...

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Gold Price Forecast: XAU/USD Plummets Amid US Dollar Demand

by admin · April 19, 2023 ·

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The price of gold has fallen sharply and hit a two-week low, with XAU/USD trading at around $1,970, down 1.75% for the day. The fall in the price of gold ...

USD/CAD Reaches the Top: Oil Drops, USD Surges

by admin · April 19, 2023 ·

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The USD/CAD pair is making some serious waves, riding high at around 1.3425 during the first half of the European session. What's driving this impressive surge? A combination of factors, ...

AUD/USD Pops Like Champagne Cork on Hawkish RBA and Upbeat Chinese Data!

by admin · April 18, 2023 ·

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The AUD/USD pair is trading with a positive bias on Tuesday and finds support from various factors. The hawkish stance from the Reserve Bank of Australia (RBA) and the upbeat ...

Get Ready to Ride the Bull: UOB Group Experts Target 134.80 for USD/JPY

by admin · April 18, 2023 ·

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Forex experts at UOB Group, including Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, have identified a bullish trend in the USD/JPY currency pair, with upward momentum ...