Mexican Peso struggling to reverse Thursday’s losses on the last trading day of 2023
The Mexican Peso (MXN) is back on the rise for the last trading day of 2023, recovering modestly…
Read MoreAustralian Dollar advances to a fresh five-month high on improved risk appetite
The Australian Dollar (AUD) moves upward on Wednesday on improved risk appetite while the US Dollar (USD) could show signs of…
Read MoreWhat is the 60/40 Rule in Forex?
Forex trading, commonly known as foreign exchange trading, involves the buying and selling of currencies in the global market.
Read MoreUS Dollar finds a foothold ahead of PCE inflation data
The US Dollar (USD) continued to weaken against its rivals on Thursday, with the USD Index touching its lowest level since…
Read MoreSoft UK inflation weighs on Pound Sterling, focus shifts to US data
The US Dollar continued to weaken against its rivals on Tuesday as global bond yields retreated following the…
Read MoreAttention turns to the Bank of Japan
The key event of the day will be the Bank of Japan's monetary policy decision. During the Asian session, New…
Read MoreGold Forecast: Somehow Falls Again
At the end of the day, the gold market sustained another decline amidst ongoing downward pressure, with the…
Read MoreForex Today: US inflation data to drive the action ahead of central bank meetings
The US Dollar struggles to find demand early Tuesday as markets await the Consumer Price Index (CPI) data…
Read MoreForex Today: US Dollar remains bid as markets await more employment data
Early Thursday, the General Administration of Customs of the People’s Republic of China reported that the trade surplus expanded to…
Read MoreForex Today: Eyes on BoC rate decision and US employment data
The US Dollar (USD) outperformed its rivals for the second consecutive day on Tuesday, with the USD Index…
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