Mastering Forex with Fibonacci Retracements and Extensions: Your Ultimate Guide
In the world of Forex trading, precision is key. One of the most popular tools that traders use to predict…
Category: Forex Basics
USD/INR Struggles Near Two-Week High Despite Strong US Dollar
The Indian Rupee (INR) remains under pressure, trading around 88.95 per US Dollar (USD) on Monday, as the US Dollar…
USD Remains Supported Amid Tight Money Markets – ING
Despite the recent one-year trade truce between the US and China, risk currencies have not gained the usual lift, with…
ECB’s Kazimir Sees No Need to Adjust Monetary Policy
Peter Kazimir, European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), said during…
USD: Money markets remain in focus – ING
Risk currencies are not receiving the usual boost following last week’s US-China one-year trade truce, with the US dollar continuing…
EUR/USD: Decline unlikely to test major support at 1.1490 – UOB
The Euro (EUR) may see further weakness, but any decline today is unlikely to breach the key support at 1.1490,…
Pound Sterling trades cautiously ahead of BoE policy decision
The Pound Sterling (GBP) is trading with caution against its peers at the start of the week as investors await…
US Dollar Index Holds Firm Below 100.00 Ahead of Key Manufacturing Data
The US Dollar Index (DXY) is trading steady just under the 100.00 psychological mark, supported by a hawkish tone from…
EUR: Volatility Continues to Collapse – ING
According to ING’s Head of FX Strategy, Chris Turner, traded volatility in the EUR/USD pair continues to decline, reflecting a…
Gold Struggles to Extend Gains as Fed’s Hawkish Tilt Supports US Dollar
Gold (XAU/USD) holds modest intraday gains during early European trading on Monday but remains capped below the $4,050 level amid…