Tag: Currency exchange rates

EUR/USD Spot Rally Causes Shift in FX TradesIn a surprising turn of events, the recent rally in the EUR/USD spot market has led to a significant upheaval in the foreign exchange trading landscape. Traders...

In a recent development within the financial sector, the International Swaps and Derivatives Association (Isda) is making significant changes to the role of calculation agents in the trading of FX derivatives. This update comes...

The focus in the markets shifted to Europe as US markets were closed for Thanksgiving. Inflation data from Belgium, Spain, and Germany was released before the upcoming EMU figure. Spanish CPI remained flat month...

President-elect Donald Trump has started forming his administration by meeting with outgoing President Joe Biden at the White House. This meeting symbolizes a peaceful transfer of power. Trump's cabinet picks have caused debate, especially...

The dollar is showing strength as the new week begins, maintaining its post-election momentum despite it being a partial market holiday in the US. The greenback is gaining ground against the yen, euro, pound,...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...

The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates a potential bearish reversal in the near term. The initial...

The final consumer sentiment in the US for October came in at 70.5, beating expectations of 69.0. This positive news was accompanied by the US September durable goods orders, which were slightly lower than...

On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and actual figures for some key events.Starting with New Zealand, the...

Gold prices surged to a new high in early Asia trade on October 21, 2024. This increase in gold prices has caught the attention of many investors looking to capitalize on the precious metal's...