Tag: Currency exchange rates

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade in the forex market. Leverage can amplify...

The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...

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...