AUD/USD extends its downside below 0.6700 ahead of US NFP data
The AUD/USD pair has witnessed a steep fall as investors have rushed towards safe-haven assets to safeguard themselves against…
Read MorePound Sterling advances on improved market mood, outperformance in UK Services PMI
The Pound Sterling (GBP) extends recovery on Thursday in the European session, as market sentiment improves after a subdued beginning of the year for risk…
Read MoreAsian FX higher
MUMBAI: The Indian rupee is expected to open marginally higher on Friday, tracking an uptick in Asian peers…
Read MoreMexican 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 More