Forex News

Gold Prices in Malaysia: A Stable Market Gold prices in Malaysia remained relatively unchanged on Thursday, as reported by FXStreet’s latest data. This precious metal has shown remarkable resilience in the face of various economic and geopolitical factors, maintaining a steady trend in the local market. Factors Affecting Gold Prices The gold market is influenced…

The EUR/JPY Cross Surges Above 162.00: A Closer Look The European single currency, Euro (EUR), and the Japanese Yen (JPY) exchange rate, EUR/JPY, continued to attract buyers for the second consecutive day, pushing the pair back above the 162.00 mark during the Asian trading session on Thursday. This intraday move higher can be attributed to…

Gold Prices in Pakistan: A Stable Market Gold prices in Pakistan remained stable on Thursday, as per the latest data compiled by FXStreet. This trend continued despite fluctuations in the international gold market. Let’s delve deeper into the current state of the gold market in Pakistan. Local Gold Market The local gold market in Pakistan…

The GBP/USD Saga: A Rollercoaster Ride for Traders Oh, the joys of being a currency trader! One moment you’re riding high on a seven-day winning streak, the next you’re left wondering what hit you. Such was the case with the GBP/USD pair last Thursday, as it snapped its impressive streak and retreated to around 1.3230…

GBP/USD Breaks Seven-Day Winning Streak: What Does It Mean for You and the World? The British Pound to US Dollar (GBP/USD) currency pair, which had been on a seven-day winning streak, snapped back during Thursday’s Asian session, easing to around 1.3230. This came after the pair reached a six-month high of 1.3292 on Wednesday. Factors…

Gold Price Consolidates Near All-time High Amid Mixed Fundamentals The gold market witnessed a consolidation phase on Thursday, following the previous day’s impressive rally that pushed the precious metal near its all-time high. The XAU/USD pair oscillated between $1,825 and $1,835, reflecting the uncertainty in the market. US Retail Sales Data Boosts US Dollar The…

Currency Markets: AUD/USD, NZD/USD, and USD/JPY In the ever-changing landscape of foreign exchange markets, three currency pairs have recently grabbed the attention of traders and investors alike. The Australian Dollar (AUD) against the United States Dollar (AUD/USD), the New Zealand Dollar (NZD) against the US Dollar (NZD/USD), and the US Dollar (USD) against the Japanese…

Recent Trends in Forex Market: AUD/USD, NZD/USD, and USD/JPY The foreign exchange market, also known as Forex or FX, has been an exciting space for investors and traders alike. In recent times, three major currency pairs have been making headlines due to their distinct price movements: the Australian Dollar against the US Dollar (AUD/USD), the…