Forex News

The Uphill Battle of the AUD/USD Pair Struggling to Break Through The AUD/USD pair has been facing a tough time trying to break above the 0.6900 round figure. Despite reaching its highest level since February 2023 earlier this Wednesday, the pair has been unable to find acceptance above this key resistance level. As a result,…

Boost Your British Pound: How the US Dollar and Euro Woes are Affecting Exchange Rates in 2024-09-25 Description: Weaker-than-expected economic data from the US and Germany undermined the Euro and dollar on Tuesday with the Pound again in position to take advantage. The Pound to dollar (GBP/USD) exchange rate surged to a 31-month high at…

The GBP/USD pair climbs to its highest level since March 2022 Riding the Wave of Recent Gains It’s been quite a ride for the GBP/USD pair over the past two weeks, as it has steadily advanced to reach its highest level since March 2022, hovering around the 1.3430 region during the Asian session on Wednesday….

The NZD/USD Pair Rallies Near Key Resistance of 0.6300 Tuesday’s North American Session Sees Kiwi Asset Strengthening The NZD/USD pair rallied to near the key resistance of 0.6300 in Tuesday’s North American session. The Kiwi asset strengthened on the firm New Zealand Dollar (NZD), which is enjoying higher inflows after the announcement of China’s massive…

In this webinar, we delve into the intricate technical trade levels for a range of major financial instruments including the US Dollar (DXY), US Treasury Yields (US10Y), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), Silver (XAG/USD), S&P 500 (SPX500), Nasdaq…

EUR/USD: A Closer Look at Recent Price Movement EUR/USD continued its advance last week Last week, EUR/USD saw a continued uptrend following the rate cut rally spurred by the European Central Bank’s decision two weeks ago. This upward movement was supported by technical factors, such as the pair breaking through the topside of a bull…

Further US Dollar Weakness on the Horizon? A Closer Look at the USD Well, well, well, what do we have here? It seems like the US Dollar (USD) might be in for a rough ride. According to FX strategists Quek Ser Leang and Peter Chia from UOB Group, the USD is looking pretty weak right…

Gold Maintains Gains Amid Expectations of Further Fed Rate Cuts and Heightened Middle East Tensions Introduction Gold (XAU/USD) slightly retraces during the European session on Monday after being pushed up to a new all-time-high (ATH) of $2,631 earlier in the day, as markets continue to price in more aggressive interest rate cuts from the Federal…