Forex News Category

March 24, 2022
The EUR/USD is once again under pressure as Asia takes over the baton

The EUR/USD is once again under pressure as Asia takes over the baton EUR/USD is down 0.13 percent, having fallen from a top of 1.1013 to a low of 1.0982 thus far. The US dollar rose on Wednesday as oil prices rose again, with US President Joe Biden set to announce more sanctions against Russia

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March 18, 2022
With all eyes on the Xi-Biden negotiations, the AUD/USD remains under pressure approaching 0.7350

With all eyes on the Xi-Biden negotiations, the AUD/USD remains under pressure approaching 0.7350 The AUD/USD broke a three-day rally from a monthly low during Friday’s Asian session, and is now trading at the intraday low of 0.7370. In doing so, the Aussie pair reflects the market’s trepidation ahead of a crucial phone conference between

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March 17, 2022
The USD/CNH remains under pressure at $6.3600 as China news joins the continuing of Ukraine-Russia discussions

The USD/CNH remains under pressure at $6.3600 as China news joins the continuing of Ukraine-Russia discussions USD/CNH is down for the third day in a row after reversing from a five-month high and the 200-day moving average. Nonetheless, the price shows minor losses around the 6.3600 mark during Thursday’s Asian session. The offshore Chinese yuan

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March 16, 2022
The dollar is nearing a five-year high against the yen ahead of the Fed, while the Australian dollar is weak due to China concerns

The dollar is nearing a five-year high against the yen ahead of the Fed, while the Australian dollar is weak due to China concerns On Wednesday, the dollar traded near a five-year high against the yen as investors awaited a Federal Reserve policy decision against the backdrop of the Ukraine war and China’s surging COVID-19

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March 14, 2022
The AUD/USD is expected to fall further towards 0.7200 as China and the Fed join the Ukraine-Russia crisis

The AUD/USD is expected to fall further towards 0.7200 as China and the Fed join the Ukraine-Russia crisis As market sentiment deteriorates ahead of Monday’s European session, the AUD/USD reverts to an intraday low around 0.7250, down 0.48 percent on the day. The risk barometer validates the market’s recent pessimism, as well as its apprehension

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