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Why Are Spreads High at Night?
In the world of forex and other financial markets, traders often observe that spreads—the difference between the bid (buy) and ask (sell) prices—tend to...
EURJPY Consolidates Below Key Resistance Level – Market Outlook for 30th December 2024
The EURJPY pair has been trading in a narrow range, largely consolidating below the 164.75 resistance level. This barrier has been preventing the pair...
NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024
The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at 0.5630. A break below this support would...
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USDCHF Price Resumes Upward Movement – Bullish Trend Forecasted for Today – 24 December 2024
The USDCHF price has bounced upwards, reaching the 0.9014 level and is now awaiting a breach of...
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AUDCAD Under Negative Pressure – Forecast for December 23, 2024
The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to...
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NZD/CAD Price Forecast Update – December 20, 2024
The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a...
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What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....
Foreign Currency Exchange Rates Today (15-6-2022)
Here you will find our full list of the foreign currency exchange rates today. Live and updated every minute with live forex rates, you...
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....
Dollar to clear recent weak period unscathed – FX analysts
By Hari Kishan BENGALURU (Reuters) - The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of...
Speculators cut net long bets on U.S. dollar -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators' net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters...
Turkey Takes Aim at Lira Short Selling by Focusing on Niche Debt
(Bloomberg) -- Turkey is planning to restrict purchases by domestic investors of new lira bonds sold by multinational lenders, the latest effort to curb short...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...
Rouble eases towards 62 vs dollar, Severstal shares fall after sanctions
The Russian rouble eased towards 62 against the dollar on Thursday, stabilising in a relatively narrow range after sharp and uncontrolled moves last week...
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...
Asia FX bears retreat slightly, China concerns persist – Reuters poll
By Harish Sridharan (Reuters) - Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs, but...
Dollar Up, Boosted by Rising U.S. Yields
By Gina Lee Investing.com – The dollar was up on Thursday morning in Asia, hitting a three-week high against the yen in early Asian trading....
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....