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Category : FOREX

A strong looking EUR and GBP – Currency Strength and Weakness for Friday 2nd February 2024 Hi Forex Trader, I make my Currency Strength and Weakness suggestions every day based on where I see the …

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There is renewed attention on the upcoming NFP data release after the surprise move by the Fed on Wednesday. Though surprise really should be in quotes, since the FOMC essentially committed to doing what it …

Fed Holds, NFP Up Next

The Fed voted to maintain borrowing costs unchanged in a decision expected by traders. The FOMC also signalled that it is not yet ready to ease its stance imminently, so the next cut could be …

USDCAD gives up gains The Canadian dollar recouped losses after hitting a firm double top. The pair recovered to the downside on the chart as the 1.3400 level was tested. A break above the previous …

The EUR/JPY currency pair hovered just above a fresh 3-week low on Thursday, as core inflation in the Eurozone decelerated to a 22-month low in January, while the Japanese Yen received a boost from lower …

Key moments Elon Musk announces Tesla’s potential shift from Delaware to Texas for legal domicile. Decision follows a Delaware court’s invalidation of Musk’s record $55.8bn Tesla compensation. Musk criticizes Delaware’s corporate framework, while Texas offers …

The EUR/USD currency pair hovered just above a fresh 7-week trough on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea that an interest rate cut could come as early as March, …

Having advanced to an intraday high of 1,329.92 per dollar on the back of upbeat domestic macro data, the South Korean Won gave back those gains later during the Asian session. The US Dollar remained …

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