Forex News

The USD/JPY Pair’s Intraday Fluctuations Monday’s North American Session Overview The USD/JPY pair gave up the majority of its intraday gains after facing significant bids near 154.00 in Monday’s North American session. The asset showed a strong upside move in the opening session due to a sharp weakness in the Japanese Yen (JPY) but faced…

The Impact of Global Economic Uncertainties on the EUR/USD Pair Introduction The EUR/USD pair began the week around 1.0789, reflecting heightened global economic uncertainties and a strong inclination towards safe-haven assets. The appeal of the US dollar is bolstered by rising US government bond yields and positive consumer confidence indicators from the University of Michigan,…

Get Ready for Market Volatility: A Look at the Upcoming UK Budget, US Election, and Key Data for GBP/USD Forecast Are You Prepared for the Rollercoaster Ride? As we gear up for a week filled with major economic events, investors around the world are bracing themselves for potential market volatility. On Wednesday, all eyes will…

Clever, personable, and wonderfully unconventional, yet reader-friendly… The EUR/JPY cross opens with a modest bullish gap on Monday Monday started with a bang for the EUR/JPY cross as it opened with a modest bullish gap. This unexpected move caught many traders off guard, but it was just the beginning of an eventful trading day. Touches…

Gold Prices Face Pressure Despite Late Rally Introduction Gold price (XAU/USD) failed to capitalize on Friday’s late rise back closer to the $2,750 area and opened with a modest bearish gap at the start of a new week. The US Dollar (USD) buying remains unabated in the wake of a fresh leg up in the…

Welcome to the World of Forex Trading! USD/JPY Reaches New Highs – What Does This Mean? By: Your Name Here Have you been keeping up with the latest news in the forex trading world? If not, let me catch you up to speed. The USD/JPY pair has recently hit a high of around 153.30 on…

EUR/USD Trims Near-Term Rebound, Keeping Bids Trapped Near 1.0800 Handle Frustration Mounts as Fiber Continues to Decline EUR/USD trimmed a near-term rebound on Friday, slamming the door on a clean bullish recovery and keeping bids trapped near the 1.0800 handle to round out the trading week. The ongoing decline in the pair has led to…

Silver Price Rebounds After Discovering Buying Interest Recovery After Key Support Level Hey there, fellow traders! Did you catch the recent recovery in the silver price (XAG/USD)? It seems like the white metal has bounced back after discovering buying interest near the key support level of $33.00 in Friday’s New York session. What a rollercoaster…