May 9 2023 🕓 3 min
AUD/USD dips as crucial resistance holds – will bulls break it?
The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
October 4 2022 🕓 3 min
AUD/USD slumps following another rate hike
The RBA disappointed market players today, sending the AUD/USD pair lower.
October 3 2022 🕓 3 min
USD/JPY tests cycle highs near 145
A cautious uptrend is still seen in the USD/JPY pair, despite fears of another BoJ intervention.
★ Premium This content is only available for registered users - sign up for free now October 2 2022 🕓 3 min
Forex outlook: EUR/USD, CAD/JPY and GBP/JPY
The forex market was very volatile last week, creating many trading opportunities. Let's look at three currency pairs and see what they offer.
September 30 2022 🕓 3 min
EUR/JPY remains volatile, defends uptrend for now
Volatility continues in the FX market, but the EUR/JPY cross has managed to remain in an uptrend, despite risk-off environment.
September 30 2022 🕓 3 min
AUD/USD trying to defy USD strength
This article discusses the Australian dollar's decline after encouraging US economic statistics demonstrating that the labor market is still solid.
September 28 2022 🕓 3 min
EUR/USD remains offered, targets 0.95
It looks like another bearish day for the single currency as the USD remains unstoppable.
September 28 2022 🕓 3 min
USD/JPY tests previous highs despite negative sentiment
The US Dollar traded higher on Tuesday, boosted by the risk-averse sentiment in the markets.
September 26 2022 🕓 3 min
GBP/USD crashes to all-time lows, touches 1.04
This article provides an analysis of the British pound's recent decline and the possibility of a potential parity with the US dollar.
September 23 2022 🕓 3 min
EUR/GBP highest since February 21
Both currencies are dropping like a stone against the USD, but it looks like the fall is more significant for the GBP, thus pushing EUR/GBP higher.
September 23 2022 🕓 2 min
GBP/USD trades weaker following BoE rate hike
The Pound has failed to capitalize on today's BoE decision. dropping to daily lows during the US session.
September 22 2022 🕓 3 min
USD/JPY spikes to fresh 24-yr highs following Fed, BoJ combo
The Fed sent the USD higher, while the BoJ undermined the Yen, resulting in another spike higher for USD/JPY.
September 21 2022 🕓 3 min
EUR/USD drops below 0.99 ahead of FOMC decision
This week has been characterized by geopolitical tensions between Russia and NATO, as well as the upcoming Fed meeting.