Forex News

Exploring G10 FX Performance The Subtle Split There is a subtle split in G10 FX performance on the day. The Australian Dollar (AUD) and the New Zealand Dollar (NZD) are firming up, while the Norwegian Krone (NOK) is trading a little stronger overall. On the other hand, the Japanese Yen (JPY) and the Swiss Franc…

NZD/USD: Staying Strong Above 0.6000 as Bulls Aim for Multi-Week Highs Embracing Strength in the NZD/USD Pair As the NZD/USD pair continues to attract fresh buyers, it is evident that investors have confidence in the strength of the New Zealand dollar against the US dollar. Despite a brief dip below the psychological mark of 0.6000,…

Are Gold Prices Really Worth Their Weight in Gold? Struggling to Shine Gold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow trading band during the Asian session on Monday. A generally positive tone around the equity markets is seen acting as a headwind for…

The Impact of Key Inflation Data on Global Markets Stabilization in Global Markets In the early parts of the week ahead, we could well see some further stabilisation in the global markets so long as the USD/JPY doesn’t fall in the same pace we saw on Monday and Friday of the week before. The focus…

The Impact of High Volatility on the EUR/USD Pair Finding Stability amid a Rollercoaster Week The EUR/USD pair has been a focal point for many traders and investors this week, as it experienced significant volatility on the forex market. Amidst all the uncertainty, the pair has finally found some stability at around 1.0921 this Friday….

Investors Adjust Expectations for Fed Rate Cuts Market Conditions Stabilize Amidst Uncertainty Investors have recently tapered their expectations for aggressive rate cuts from the Federal Reserve, as market conditions have shown signs of stabilization in the second half of the week. Earlier in the week, there was speculation of an emergency rate cut before the…

Navigating the Silver Market: A Forecast for XAG/USD Stagnant Prices and a Bearish Outlook Silver (XAG/USD) has been facing challenges in capitalizing on recent rebounds, struggling to surpass the $26.45 mark, which represents the lowest level seen since early May. The market is currently oscillating between tepid gains and minor losses during the early European…

The GBP/USD pair rebounds from five-week low Building on the positive momentum The GBP/USD pair is seen building on the previous day’s goodish rebound from the 1.2665 area, or a five-week low and gaining some follow-through positive traction for the second successive day on Thursday. The momentum lifts spot prices back above the mid-1.2700s during…