The Japanese Yen (JPY) attracts strong follow-through buyers for the second straight day and climbs to a one-week high against a softer US Dollar (USD) during the Asian session on Wednesday. Comments from Japan’s Economics Minister Minoru Kiuchi on Tuesday fueled speculations about a possible government intervention to stem further JPY weakness. Moreover, the outcome […]
Forex
Forex
Forex
28
Oct
Oct
AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00
The AUD/JPY cross slumps to around 99.55 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi on Tuesday signed a framework for securing the supply of critical minerals and rare earths. The Australian Consumer Price […]
28
Oct
Oct
USD/INR rises further despite US Dollar underperforms
The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week. On the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) Crude Oil holds onto weekly […]
28
Oct
Oct
GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation
The GBP/JPY cross attracts some selling during the Asian session on Tuesday and for now, seems to have snapped a three-day winning streak to the 204.25 region, or a nearly three-week high touched the previous day. Spot prices slide below the 203.00 mark in the last hour and seem vulnerable amid a goodish pickup in […]
28
Oct
Oct
GBP/USD gathers strength above 1.3350 on Fed rate cut hopes
The GBP/USD pair gains ground to near 1.3365 during the early European session on Tuesday. The US Dollar (USD) weakens against the Pound Sterling (GBP) amid the expectation that the Federal Reserve (Fed) will cut interest rates in the monetary policy announcement on Wednesday. The recent softer-than-expected US Consumer Price Index (CPI) inflation data released on Friday has […]
28
Oct
Oct
EUR/USD extends winning streak as US Dollar falls further ahead of Fed’s monetary policy
The EUR/USD extends its winning streak for the fifth trading day on Tuesday. The major currency pair posts a fresh weekly high near 1.1670 as the US Dollar (USD) underperforms its peers ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. US Dollar Price Today The table below shows the percentage change of US Dollar […]
28
Oct
Oct
South Korean Won Slips Amid Diplomatic Caution
The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets […]
28
Oct
Oct
NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD
The NZD/USD pair prolongs its recent recovery move from the 0.5685-0.5680 region, or the lowest level since April, touched last week, and climbs to a nearly three-week high during the Asian session on Tuesday. Spot prices currently trade around the 0.5780 zone, up over 0.20% for the day, and seem poised to appreciate further amid […]
28
Oct
Oct
EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply
The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi signed a framework for securing the supply of critical minerals and rare earths. The Bank of Japan […]
28
Oct
Oct
Offshore Yuan Nears Six-Week High
The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by optimism over a potential US–China trade deal. Over the weekend, top economic officials from both countries finalized a framework for President Trump and Chinese leader Xi Jinping to decide on during their meeting in South […]
Learn to Trade
Merchant Services
Currency Risk Management
