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.
NZD/USD holds gains, eyes 6-mth highs
NZDUSD
0.67%

NZD/USD holds gains, eyes 6-mth highs

Traders continue to sell the USD, pushing the NZD/USD pair to its recent cycle highs.
A good day for European stocks during US holiday
EURUSD
0.55%

A good day for European stocks during US holiday

With the US stock market closed, there was not much volatility or volume to bring home about on Monday. But the euro is set for a new move up.
EUR/USD defends 9-month highs, stays above 1.08
EURUSD
0.55%

EUR/USD defends 9-month highs, stays above 1.08

This week's trend will likely be decided on Wednesday amid crucial US data.
GBP/USD expects US inflation data above key supports
GBPUSD
0.71%

GBP/USD expects US inflation data above key supports

The USD will surely be volatile today, likely continuing in its downtrend if US inflation eases further.
Market is ready for CPI – calm before the storm?
SP500
0.02%

Market is ready for CPI – calm before the storm?

One day remaining before traders get fresh inflation data. Will it spark volatility?
AUD/USD jumps amid Aussie data and broad US dollar weakness
AUDUSD
1.51%

AUD/USD jumps amid Aussie data and broad US dollar weakness

The AUD traded half a percent higher during the Frankfurt session on Wednesday, boosted by the recent Australian data and the ongoing USD weakness.
Markets await fresh inflation data – volatility incoming?
SP500
0.02%

Markets await fresh inflation data – volatility incoming?

Traders are taking a break from buy and sell battles as market is eagerly awaiting the first inflation data day of 2023.
USD/JPY fails to move after Japan’s inflation, awaits Powell speech
USDJPY
-0.28%

USD/JPY fails to move after Japan’s inflation, awaits Powell speech

Today's Powell speech could bring elevated volatility and larger movements to the financial markets.
FX outlook for 2023: where are the main currency pairs heading?
EURUSD
0.55%

FX outlook for 2023: where are the main currency pairs heading?

The US dollar was an obvious winner against other fiat currencies in 2022, but the situation may turn around this year.

GBP/NZD continues downward, aiming at crucial support

The GBP/NZD is indicating a further downward trend in the near future, providing roughly 300 pips to traders.
Wall Street continues the FOMC sentiment, ready for NFPs
SP500
0.02%

Wall Street continues the FOMC sentiment, ready for NFPs

Wall Street continues the FOMC sentiment with stock sell off. Dollar gets back some of its losses.
GBP/USD is stuck near 1.20 as investors seem indecisive
GBPUSD
0.71%

GBP/USD is stuck near 1.20 as investors seem indecisive

The calm before the storm in the GBP/USD pair?