Forex
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NZD/USD Outlook: New Zealand Dollar Faces Fresh Selling Pressure as 0.5700 Support Comes Into Focus
The New Zealand Dollar (NZD) enters Monday trading under renewed pressure against the US Dollar (USD), after NZD/USD reversed sharply…
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USD/MXN, Mexican Peso forecast, Mexican Peso today, Fed rate hike, US dollar, Banxico interest rate
The Mexican peso weakened to around 17.2 per US dollar after reaching a more than two-year high of 16.98 on…
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ECB’s Lagarde: We’ll decide on rates meeting by meeting
European Central Bank (ECB) President Christine Lagarde said during the European trading session on Friday that the decision on interest rates by the central…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7130 AUDUSD sits below the 100-period moving average from H4…
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Hawkish remarks by BOJ Governor strengthen the yen – key takeaways
Key statements by Ueda during the press conference following the BOJ’s decision to hike rates: Japan’s economy continues to experience…
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Chart of The Day – Yen in a Trap. BoJ Hike That Weakened the Currency
The Bank of Japan did exactly what the market expected, raising the interest rate by 25 basis points to 1.25%,…
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British Pound languishes at seven-week lows despite bright UK Retail Sales data
GBP/USD flatlines around 1.3365, at seven-week lows, on track for a 1.15% weekly decline. The diverging monetary policy decisions by the…
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Indonesian Rupiah gains ground as crude oil prices retreat
Dropping oil prices eased imported inflation concerns, supporting the Indonesian Rupiah’s recent rally. Bank Indonesia balances rate differentials with the…
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Managed FX Services for Businesses & Individuals
Foreign exchange is more than simply converting one currency into another. For businesses and individuals moving significant amounts of money…
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Swiss Franc gains ground as easing US Yields pressures Greenback
US 10-year yield fell to 4.93% as lower crude prices helped ease persistent inflation fears. Crude prices dropped following Saudi…
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