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.
USD/JPY advances as USD strengthens broadly
USDJPY
-0.28%

USD/JPY advances as USD strengthens broadly

The greenback was broadly higher on Monday, trying to recover from Friday's selling.

GBP/JPY ticks higher after UK labor market data

Sterling strengthened today, but volatility is expected to remain elevated due to BoE monetary policy decision, due later in the week.
EUR/GBP finally breaks above 200-day moving average
EURGBP
-0.16%

EUR/GBP finally breaks above 200-day moving average

It looks like a new uptrend could begin in the EUR/GBP cross.
AUD/USD surges after RBA decision
AUDUSD
1.51%

AUD/USD surges after RBA decision

The Australian dollar rallied sharply from last week's lows, but it now faces a meaningful resistance.
USD/CAD calm after Bank of Canada decision
USDCAD
-0.6%

USD/CAD calm after Bank of Canada decision

The BoC decision has failed to induce volatility in the pair and it consolidated during the US session.
GBP/USD plunges to one-year lows after US, UK data
GBPUSD
0.71%

GBP/USD plunges to one-year lows after US, UK data

The greenback remained in an uptrend following today's job data.
AUD/USD rallies after GDP data
AUDUSD
1.51%

AUD/USD rallies after GDP data

Is the Australian dollar going to stage a relief rally, considering the oversold conditions?
EUR/USD nears major resistance
EURUSD
0.55%

EUR/USD nears major resistance

It would appear that the recent downtrend in the euro is over, but it needs to climb above 1.1350 to confirm that view.
EUR/USD statistical and technical analysis
EURUSD
0.55%

EUR/USD statistical and technical analysis

This week, the testimony of Jerome Powell caused higher volatility in major currency pairs, mainly due to the risk of Omicron and higher inflation. The current price of the EUR/USD exchange rate is 1.1330 (December 02, 2021). The currency pair is again in a critical support zone. Let us, therefore, look at statistical and technical analyzes.

DAX at two-month lows amid Omicron fears

The bloodbath continued today and EU bourses were trading notably weaker during the London session.
NZD/USD craters 1% after RBNZ decision; US data
NZDUSD
0.67%

NZD/USD craters 1% after RBNZ decision; US data

What a day in the currency markets as volatility has arrived!
USD/JPY nears five-year highs amid rising US yields
USDJPY
-0.28%

USD/JPY nears five-year highs amid rising US yields

The dollar-yen currency pair conquered the 115 level for the first time in several years. Will the uptrend continue?