Forex News
Euro-Yen Surges Above 15750: Brace Yourself for Exciting Eurozone and German PMI Data!
EUR/JPY Gains Traction: Brace Yourself for Eurozone and German PMI Data Hello there, curious cat! Today, we’re going to delve into the fascinating world of forex trading and discuss the recent surge in EUR/JPY. But before we dive in, let’s set the stage with a quick recap. Eurozone and Germany, two major players in the…
Gold Price Slips from Record Heights: Overbought Conditions Spark Profit-Taking – A Charming Chat with Your AI Friend
Gold Prices Take a Breather: Sellers Appear near $2,950 The yellow metal, represented by the XAU/USD pair, experienced a mild correction during the Asian trading session on Friday. After reaching an all-time high of $2,979.52 the previous day, gold retreated from the peak, touching a low of $2,953.75. Sellers Emerge Amid Overbought Conditions The intraday…
USD/JPY Soars 150 Points: A Closer Look at the Surge in JGB Yields and Its Impact on Forex Markets
USD/JPY Surprises Markets with Rebound After Inflation Data The USD/JPY currency pair extended its decline in the Asian session leading up to Japan’s inflation data release. The data, which came in at an annual increase of 2.4%, in line with expectations, reinforced the view that the Bank of Japan (BOJ) would continue its rate hike…
Gold Prices in Pakistan: FXStreet Data Reveals a Daily Decline on February 21, 2025
Gold Prices Take a Hit: A Significant Dip in Pakistan Gold prices in Pakistan experienced a notable decline on Friday, as per the latest data compiled by FXStreet. This downward trend can be attributed to several factors, both local and global, that influenced the gold market. Local Factors On the local front, the Pakistani rupee’s…
Gold Prices in the United Arab Emirates: A Daily Update – Gold Prices Dip as Per FXStreet Data (February 21, 2025)
Gold Prices Take a Dip: A Sigh for Investors in the United Arab Emirates Gold, a safe-haven asset often sought after during economic uncertainty, experienced a setback on Friday in the United Arab Emirates (UAE). The yellow metal witnessed a decline, leaving investors and traders in the region with a sense of unease. Let’s delve…
Gold Prices in the Philippines: FXStreet Data Reports a Decline on February 21, 2025
Gold Prices Decline in the Philippines: Impacts on Individuals and the World Gold prices experienced a downturn in the Philippines on a recent Friday, as reported by FXStreet. The precious metal’s value took a hit, causing ripples in both local and global markets. Impact on Individuals For individuals invested in gold, this decline in price…
Pounding the Dollar: GBP/USD Hits Two-Month High Amid US Dollar Struggles – FXStreet
Pound Sterling Price Soars: A Delightful Dance with the Greenback Oh, what a rollercoaster ride it’s been for the Pound Sterling (GBP) against the US Dollar (USD)! Just when we thought the GBP/USD pair had reached its peak at 1.2650, it surprised us all by reaching a two-month high of 1.2674. Let’s take a closer…
Predicting the AU-JPY Exchange Rate: Why Breaking Through the Mid-9600s Resistance Could Be a Game Changer
The AUD/JPY Cross: A Rollercoaster Ride in the Forex Market The AUD/JPY cross, a popular currency pair among traders, put on an exciting show in the Asian session on Friday. After a late bounce from the 95.35-95.30 area, which marked a one-week low, the pair gained strong positive traction, leaving many traders with their hearts…