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.
More volatility as Q4 results are in full swing
SP500
0.02%

More volatility as Q4 results are in full swing

Volatility was the keyword on Wednesday as Q4 results move the markets.
USD/CAD jumps as Bank of Canada pauses rate hikes
USDCAD
-0.6%

USD/CAD jumps as Bank of Canada pauses rate hikes

The Canadian dollar slipped today, weakened by the BoC's decision to halt the rate hikes.
AUD/USD shoots higher following inflation data
AUDUSD
1.51%

AUD/USD shoots higher following inflation data

The uptrend in AUD/USD continued today as the USD remains unloved due to the dovish shift in Fed's expectations.
Volatility kept traders on their toes before major earnings reports
SP500
0.02%

Volatility kept traders on their toes before major earnings reports

US markets endure high volatility on Tuesday as markets await major earnings releases.

EUR/JPY forms a massive falling wedge pattern

The technical formation could send the euro sharply higher as investors price in more ECB rate hikes.
EUR/USD pumps to 9-mth highs amid ECB expectations
EURUSD
0.55%

EUR/USD pumps to 9-mth highs amid ECB expectations

It looks like another bullish week for the shared currency as markets continue to price in hawkish ECB and dovish Fed.
Wall Street closing with gains on Q4 results kickoff
SP500
0.02%

Wall Street closing with gains on Q4 results kickoff

Wall Street closed in the green as growth companies kick off with Q4 results. Natural gas continues to slump.

GBP/JPY is on the move again, targets 160

Today's data failed to derail the short-term bullish momentum and the Pound could break above 160 soon.
Weaker US dollar reflects on Thursday’s trading
SP500
0.02%

Weaker US dollar reflects on Thursday’s trading

Stocks and US dollar closed in the red on Thursday as US reports dismal data. Traders think Fed will keep its hawkish mood.
AUD/USD plunges amid weak jobs data, negative sentiment
AUDUSD
1.51%

AUD/USD plunges amid weak jobs data, negative sentiment

Bears regained control of the market this week, causing a much needed correction in the AUD/USD pair.
GBP/USD jumps 1% to the highest level in a month
GBPUSD
0.71%

GBP/USD jumps 1% to the highest level in a month

The Pound rocketed higher as the USD fails to keep any meaningful momentum.
Quarterly results were the main market movers on Tuesday
SP500
0.02%

Quarterly results were the main market movers on Tuesday

Tuesday brought quarterly results of several financial and other corporate giants’, stirring up the stock market.