Summary of Last Week’s Trends in Forex Market. by admin · November 13, 2021 · no comment Last week, the US dollar was stronger versus all major currencies. In both the EUR and the GBP, the dollar hit fresh highs for the year. On Friday, the EUR/USD hit ... 0 shares
Turkish Lira sunk to record low against the US Dollar. by admin · November 12, 2021 · no comment On Friday, the Turkish Lira fell to its third all-time low in many days. It was hovering near the critical threshold of 10 to the dollar. As a result there ... 0 shares
Gold Prices Soar Amid Rise in USD by admin · November 11, 2021 · no comment Gold prices rose overnight as traders absorbed the United States' considerably hotter-than-expected inflation data. The October consumer price index (CPI) showed the highest annual rate of inflation in more than ... 0 shares
The GBP/USD appears fragile in the face of Brexit uncertainty. by admin · November 10, 2021 · no comment The GBP/USD pair broke out of its intraday consolidative trading range. It plummeted to two-day lows in the 1.3520-15 zone. GBP/USD saw some selling on Wednesday. It was amid resurgent USD ... 0 shares
RBA decision results in weekly lows for AUD/USD by admin · November 2, 2021 · no comment AUD/USD plummeted to a weekly low of 0.7470 after the monetary policy decision by the Reserve Bank of Australia (RBA). RBA ends the 2024 April bond target of 0.1% and kept ... 0 shares
Gold: Update for November 1st, 2021 by admin · November 1, 2021 · no comment Gold moved higher on the first trading day of the week after a significant fall in the last session on Friday. "Gold investors will be much more cautious being caught long ... 0 shares
Financial Markets Update for October 29th, 2021 by admin · October 29, 2021 · no comment AUD rates were still in focus when the RBA yet again didn't defend its yield target. Economists at Citibank expect the AUD/USD to move back lower because the 0.7550 level ... 0 shares
Financial Markets Update for October 28th, 2021 by admin · October 28, 2021 · no comment Financial markets have been slowing down for the first two days of this week as traders paused to receive monetary policy announcements from major banks around the world, including the ... 0 shares
Case for a Strong USD by admin · October 25, 2021 · no comment The case for a stronger USD is more compelling against the low-yielding G10 currencies of the EUR, CHF and JPY where market participants are more comfortable that their central banks ... 0 shares
USD/JPY Update for Oct 22, 2021 by admin · October 22, 2021 · no comment The USD/JPY continued its modest gains from the previous day into the start of European trading, although it lacked punch, and was last seen trading around the 114.00 level. The pair ... 0 shares