Currencies
HomeCurrencies
CADCHF Settles Below Resistance: Bearish Outlook for Today (March 3, 2025)
The CADCHF currency pair remains below the resistance level of the bearish channel at 0.6360, signaling the potential for a continuation of negative momentum....
GBPCHF Struggles to Maintain Upward Momentum – February 21, 2025 Forecast
The GBPCHF has encountered challenges in sustaining its upward momentum, with frequent consolidation below the 1.1420 mark dampening the potential for further gains. This...
NZDCAD Outlook: Bearish Trend Remains in Place – Forecast for February 18, 2025
The NZDCAD currency pair has recently experienced a short-term bullish correction, bouncing off the 50% Fibonacci retracement level at 0.8035. This rebound coincided with...
Jennifer -
EURCHF Registers Gains, Bullish Momentum Expected – February 12, 2025
The EURCHF currency pair has regained a bullish momentum after settling above key support at 0.9380. This...
Jennifer -
EURJPY Faces Further Losses – Forecast for February 10, 2025
The EURJPY pair continues its downward movement, recently dipping below 157.25 and surpassing the previous support level...
Jennifer -
AUDCAD Continues Bearish Trend – Forecast for February 10, 2025
The AUDCAD pair maintains its downward trajectory after confirming a breakdown below the 0.9115 resistance level. Recently,...
Jennifer -
Explore more
The Bank of Japan remains firm on its ultra-loose policy USDJPY foreign exchange market analysis
Today on Monday (June 27), the dollar and yen opened at 135.27 and closed at 135.23 yesterday. So far, the highest has hit 135.27...
Wang Yiming, Monetary Policy Member of the People’s Bank of China: Fiscal policy needs to be strengthened, and we can consider raising the deficit...
On June 25, Wang Yiming, member of the Monetary Policy Committee of the People's Bank of China and vice chairman of the China Center...
Which economic data affects the dollar’s trend?
Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...
What are the factors that affect the yen?
Ministry of Finance(MOF): The Ministry of Finance of Japan is the only department that formulates fiscal and monetary policy in Japan. The Japanese treasury...
Norway central bank makes largest rate hike in 20 years
Norway's central bank raised its benchmark interest rate by 50 basis points on Thursday, its largest single hike since 2002 and twice as much...
UK consumer spending softens, job ads fall in past week
British consumers' spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings...
Common professional terms in virtual currency transactions
Position: refers to the proportion of actual investment and actual investment funds of investors. Full position: All funds to buy virtual currency. Selling: Selling some of...
What is cryptocurrency?
Cryptocurrency is a type of digital currency created through code.They operate autonomously outside the traditional banking and government systems.Cryptocurrencies use cryptography to secure transactions...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
What is exchange rate risk？
The exchange rate risk is that the foreign debt borrowed must eventually be converted into foreign currency in the local currency or repaid with...
What is a currency pair?
A currency pair is a foreign exchange transaction rate consisting of two currencies, represented by two ISO codes plus a delimiter, such as GBP/USD,...
Names of the currencies of the world
there are 164 official national currencies circulating around the world. Although the number of the independent countries is 197 plus about five dozen of dependent...