EUR/GBP edges lower as Sterling performs strongly across the board.
Facebook LinkedIn EUR/GBP Edges Lower as GBP Strengthens Amid BoE Policy Outlook The EUR/GBP currency pair dipped to around 0.8285 during Friday’s North American session, retreating after failing to sustain Thursday’s recovery above the critical 0.8300 resistance level. The pair’s decline comes as the British Pound (GBP) gains broad-based strength, fueled by market expectations that […]
The Fusion of AI and Human Expertise in Modern Crypto Trading
Facebook LinkedIn How AI and Human Expertise are Shaping the Future of Crypto Trading Artificial Intelligence (AI) is revolutionizing the cryptocurrency market, driving efficiency, accuracy, and better decision-making in an industry known for its complexity and volatility. From algorithmic trading to real-time predictive analytics, AI empowers traders and investors to stay ahead of rapid market […]
USD/INR drifts lower after RBI keeps repo rates unchanged at 6.50%
Facebook LinkedIn Indian Rupee Recovers After RBI Maintains Repo Rate at 6.50% in Latest Monetary Policy The Indian Rupee (INR) showed signs of recovery on Friday, rebounding from its all-time low in the previous session. This comeback followed the Reserve Bank of India’s (RBI) announcement of its fifth monetary policy review for the financial year […]
How Global and Domestic Factors Are Shaping the Indian Rupee’s Path
Facebook LinkedIn Indian Rupee (INR) Holds Steady After All-Time Low Amid Mixed PMI Data On Friday, the Indian Rupee (INR) traded flat after hitting a record low of 84.50 against the US Dollar (USD) in the previous session. The HSBC India Manufacturing Purchasing Managers Index (PMI) dipped slightly to 57.3 in November, compared to 57.5 […]
What’s Driving AUD/JPY’s Rally Amid Economic and Geopolitical Uncertainty?
Facebook LinkedIn AUD/JPY Extends Gains Amid Tepid Japanese Yen and Stable Australian Dollar The AUD/JPY pair continues its winning streak, trading near 101.20 during Asian market hours on Wednesday. The upward movement is primarily driven by a subdued Japanese Yen (JPY), influenced by uncertainty surrounding the timing of the next interest rate hike by the […]
Mastering the Trend Following Strategy in Forex
Facebook LinkedIn Trend Following Strategy in Forex Trading: How to Profit from Market Trends Trend following is a popular forex trading strategy that aims to capitalize on the momentum of prevailing market trends. The core principle of this strategy is simple: identify whether the market is trending upward or downward and align your trades with […]
Global Economic Events Shaping the Forex Market
Facebook LinkedIn The US Dollar (USD) saw a correction lower to begin the week, driven by a lack of high-tier economic data. Financial markets remain volatile as investors wait for key economic events, including the Bank of England’s (BoE) Monetary Policy Hearings and Canada’s Consumer Price Index (CPI) data. Later in the day, the US […]
Impact of BoJ Uncertainty and ECB Policy Signals
Facebook LinkedIn The EUR/JPY pair experiences upward momentum, trading near the 163.00 level during the early European session on Monday. This move is driven by a weaker Japanese Yen (JPY) amidst ongoing uncertainty surrounding the Bank of Japan’s (BoJ) future rate-hike plans, coupled with upcoming European Central Bank (ECB) speeches. BoJ’s Kazuo Ueda Keeps Markets […]
Is EUR/AUD Set for Further Decline? Key Levels and Technical Analysis
Facebook LinkedIn EUR/AUD Struggles Near 1.6250 Amid Weakness in Australian Dollar; Bearish Outlook Remains The EUR/AUD pair is experiencing challenges near 1.6250 in early Wednesday’s European session, weighed down by market concerns over potential U.S. tariff hikes on Chinese goods. These tariff proposals, spearheaded by U.S. President-Elect Donald Trump, are causing ripples in the Australian […]
Asian Forex Markets Hit by China Concerns and Trump’s Policy Risks
Facebook LinkedIn Asian Forex Markets Face Risk Sentiment Shift Amid Concerns Over China, Trump’s Policies Asian forex markets witnessed a downturn in risk sentiment as investors steered away from higher-yielding assets. Concerns over China’s economic outlook and potential protectionist measures under US President-elect Donald Trump weighed heavily on market confidence. In response to the ongoing […]