Tag: Currency

news-20062024-193739

Achieving Stable FX Levels in Japan: Benefits and Strategies

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
news-20062024-133552

GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
news-20062024-013012

GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
news-19062024-131326

CHF Safe Haven Status Driving Bid Up – Action Forex

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it...
news-19062024-110926

Mexican Peso Faces Pressure Ahead of Retail Sales Data Release

The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...
news-18062024-194920

USD/INR Exchange Rate Rises Despite Weak US Retail Sales

The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing...
news-18062024-074558

Mexican Peso Strengthens Following Positive Economic Data

The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections....
news-17062024-154351

Mexican Peso Weakens Amid Support for Judicial Reform: What Investors Need to Know

The Mexican Peso faced a slight decline against the US Dollar on Monday, dropping by 0.29% as investors turned risk-averse due to weak economic...
news-17062024-094241

Euro Stable as Market Anxiety Eases – Action Forex

The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
news-17062024-034045

New Zealand Dollar Decline: Forex Market Analysis and Strategies

The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...