Tag: forex

Forex is one of the biggest asset classes in the world. It represents trades between different currency pairs and thus is an important part of what Investro reports on.
AUD/USD jumps after RBA rate hike – will it last?

AUD/USD jumps after RBA rate hike – will it last?

Another rate hike by the RBA sent the Australian dollar notably higher today.
EUR/USD fails at 1.06, suffers losses

EUR/USD fails at 1.06, suffers losses

This is an intraday reversal, as the pair failed to break the 1.06 barrier.
EUR/JPY on the crossroads – is big move on a horizon?

EUR/JPY on the crossroads – is big move on a horizon?

The euroyen currency pair broke a crucial trend line, indicating this may be the end of an uptrend. Still, confirmation is needed.
AUD/USD awaits US jobs data above major support

AUD/USD awaits US jobs data above major support

Traders await today's data, which might undermine the greenback further, sending AUD/USD further higher.
GBP/JPY weakens amid JPY revival

GBP/JPY weakens amid JPY revival

It looks like GBPJPY could burst out of its triangle pattern soon in another round of volatility.
EUR/USD trades choppy, lacks direction

EUR/USD trades choppy, lacks direction

Volatility remains elevated, however, the direction of the euro seems unclear so far.
USD/JPY plunges after Chinese protests

USD/JPY plunges after Chinese protests

Volatility returned on Monday, with investors buying the "safe-haven" JPY and pushing USD/JPY to three-month lows.
Forex outlook: EUR/USD, GBP/JPY and CAD/CHF

Forex outlook: EUR/USD, GBP/JPY and CAD/CHF

This forex outlook looks at three currency pairs and analyzes them through technical analysis, suggesting the next price moves.
AUD/USD weakens despite PBOC easing

AUD/USD weakens despite PBOC easing

It looks like the uptrend might continue; however, bulls must bring the Aussie to new swing highs to confirm the upside momentum.
EUR/USD advances after ECB accounts, German data

EUR/USD advances after ECB accounts, German data

The dollar continues in its losing streak, failing to recover and pushing EUR/USD toward 1.05.