Forex
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The Japanese Yen Falls Below Key Support Level Testing 156
The Japanese yen recorded spectacular growth against the dollar, falling below the key support level of 157 and testing the…
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Trade of The Day – USD/IDX
Facts: Donald Trump announced on social media that an agreement has been reached on Greenland and, more broadly, the Arctic…
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DXY Falls Toward 3-Month Low
The dollar index fell to 98.1 on Friday, approaching the lowest level in over three months as currency markets maintained…
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Chart of The Day – EUR/USD
The EUR/USD pair is currently trading around 1.17337. Markets showed moderate volatility in reaction to eurozone PMI releases as well…
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USD/CHF seems fragile near 0.7900 as US Dollar underperforms
USD/CHF struggles near its three-week low of 0.7880 amid a weakened US Dollar. The US Dollar faces pressure as Trump…
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Australian Dollar reaches 15-month highs following stronger PMI data
Australian Dollar hits a 15-month-high of 0.6854 on Friday. Australia’s S&P Global Manufacturing PMI hit 52.4, while Services PMI rose…
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US Dollar Index remains below 98.50 due to risk aversion, S&P Global PMI eyed
US Dollar Index moves little after losing 0.5% in the previous session. Traders await the preliminary US S&P Global PMI…
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When are the German/ Eurozone flash HCOB PMIs and how could they affect EUR/USD?
German/ Eurozone flash PMIs Overview The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for January is due for…
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Offshore Yuan Gains on Stronger Fixing
The offshore yuan edged higher to around 6.95 per dollar, snapping a two-session losing streak as the central bank set…
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Trade of The Day – AUD/NZD
Facts: AUDNZD rebounded this week from the 240-period exponential moving average (EMA240) on the H4 timeframe. The price remains above…
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