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.
FOMC minutes spark action and fear – why?
SP500
0.02%

FOMC minutes spark action and fear – why?

The Federal Open Market Comittee did not surprise. The meeting confirmed a higher for longer rates strategy, igniting fears and volatility.
USD/JPY attacks 130 handle; bears remain convincing
USDJPY
-0.28%

USD/JPY attacks 130 handle; bears remain convincing

Volatility will likely remain elevated today as several important US macro events are on the agenda.
First day of trading sees huge moves all around
SP500
0.02%

First day of trading sees huge moves all around

Tech selloff continues and will likely not stop soon. Recession fears feed the big oil bears.
EUR/USD plunges on the first trading day of 2023
EURUSD
0.55%

EUR/USD plunges on the first trading day of 2023

This is the first trading day of the new year, and the EUR is under severe selling pressure.
AUD/USD stays near its cycle highs
AUDUSD
1.51%

AUD/USD stays near its cycle highs

Volatility will be minimal today, but this week's US data could bring some interesting movements in the FX market.
Tech sell off cements the finish line of 2022
SP500
0.02%

Tech sell off cements the finish line of 2022

The year 2022 closes down with oil being the hero of the day. Tech stock continue the sell off after a break from the bears on Thursday.
EUR/GBP is poised to continue in its consolidation
EURGBP
-0.16%

EUR/GBP is poised to continue in its consolidation

EUR/GBP declined to move above a crucial resistance 0.8850, suggesting it may continue downward to 0.8550.
USD/CAD in trouble – is another decline on the way?
USDCAD
-0.6%

USD/CAD in trouble – is another decline on the way?

Loonie has recently shown strength, but several signals point to another potential downtrend on the currency pair.
EUR/USD trades choppy ahead of US data
EURUSD
0.55%

EUR/USD trades choppy ahead of US data

Volatility will likely be low today as most market players are already off celebrating Christmas.
Is GBP/USD heading for a serious decline?
GBPUSD
0.71%

Is GBP/USD heading for a serious decline?

We might see a downtrend in GBP/USD pair as the technical situation looks kind of bullish heading into the new year.
EUR/JPY fights for 200-day moving average
EURJPY
0.26%

EUR/JPY fights for 200-day moving average

Volatility will likely remain elevated, despite the ongoing Christmas holiday period.
NZD/USD rejected major resistance – what’s next?
NZDUSD
0.67%

NZD/USD rejected major resistance – what’s next?

Kiwi refused to rise above 0.6500, implying the temporary uptrend may be over. The comeback of the US dollar could send NZD/USD down again.