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GBP/JPY Postpones Decline – Forecast for June 18, 2024

GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...

EUR/JPY Provides Positive Signal – Forecast for June 18, 2024

Expected Scenario The EUR/JPY pair has indicated a positive signal, confirming a bullish bias with a close above 168.90, settling near 169.30. This suggests the...

Which Currency is Mostly Used in the World?

The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...

CHFJPY Shows Renewed Positive Momentum – Forecast for Today, June 13, 2024

CHFJPY Price Analysis Expected Scenario The CHFJPY price has once again settled above the 175.25 level, serving as additional support for bullish trades. Currently, the pair...

Asian FX Stability Prevails as Markets Await CPI and Fed Meeting

Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...

Australia Stocks Close Lower; S&P/ASX 200 Down 0.51%

Australian stocks ended lower on Wednesday, with the S&P/ASX 200 index declining by 0.51%, primarily due to losses in the Utilities, IT, and Industrials...

Japan Stocks Close Lower as Nikkei 225 Falls 0.60%

Japan's stock market closed lower on Wednesday, driven by declines in the Finance & Investment, Steel, and Marine Transport sectors. The Nikkei 225 index...

Why does spread increase at night?

Forex trading operates around the clock, with markets open 24 hours a day, five days a week. However, traders often notice an increase in...

Why is my spread so high in forex?

For traders in the foreign exchange (forex) market, understanding the concept of spread is essential. The spread refers to the difference between the bid...

Japan Stocks Decline as Nikkei 225 Drops 0.88%

Japan's stock market closed lower on Wednesday, with significant declines in the Mining, Paper & Pulp, and Banking sectors driving the Nikkei 225 index...

Japan’s Nikkei 225 Index Rises by 1.16% at Close

Tokyo, Japan - On Monday, Japan's stock market witnessed a rise, with notable gains observed in the Gas & Water, Chemical, Petroleum & Plastic,...

Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data

In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...

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