Forex News

Global Currency Markets Navigate Economic Uncertainties: Yen Weakens, Dollar Awaits U.S. Inflation Data

Global Currency Markets Navigate Economic Uncertainties: Yen Weakens, Dollar Awaits U.S. Inflation Data

Japanese yen falls against the dollar and euro due to persistently shrinking real wages for the 20th month. Officials' wishes…

January 11, 2024

Dollar Dominance, Asian Anxiety, and Powell’s Power Play: A Rollercoaster Week Unveiled in Global Markets

U.S. Dollar Resurgence: The dollar strengthened against major currencies, driven by unexpected job growth and delayed expectations for rate cuts.…

December 11, 2023

EUR/USD: Dollar Drama Unfolds Amid ECB Speculation and Surprise Recovery – What’s Next for Global Markets?

EUR/USD Recovery: The currency pair rebounded, breaking a six-day downtrend, supported by a US dollar sell-off and yen interest. ECB…

December 8, 2023

Inflation Data Awaited as USD Strength and Yen Vulnerability Dominate Markets

Traders await US inflation data to gauge the Fed's stance and its impact on the dollar. The Japanese yen remains…

November 13, 2023

Yuan’s Tightrope: Inside China’s October Market Chaos

Liquidity crunch, bond sale anticipation, and reluctance to lend led to a severe market turmoil. Regulators intervened to avert a…

November 7, 2023

RBA’s Rate Hike & Market Shift: Dollars and Cents in Focus

RBA Rate Decision: The article highlights the anticipation surrounding the Reserve Bank of Australia's expected interest rate hike. Market Shifting…

November 7, 2023

Forex Watch: Dollar’s Cautious Climb Amidst Central Bank Showdowns

Dollar Gains Cautiously: The U.S. dollar edges higher near 150 yen, driven by a cautious Forex market amidst significant central…

October 30, 2023

Dollar Dips: Fed Caution & Inflation Awaited

Dollar at Two-Week Low: The U.S. dollar lingered near a two-week low against major currencies due to Fed's cautious stance.…

October 12, 2023

Dollar Dips: Markets Await Jobs Boost

Dollar Dips: The US dollar dipped as traders awaited the release of US nonfarm payrolls data, after weeks of gains.…

October 6, 2023

Rupee Weakens Amid Fed’s Hawkish Stance

Indian Rupee Weakens: Indian rupee slides against the US dollar, dropping from Rs 83.04 to Rs 83.21 due to Federal…

October 3, 2023