Forex News Category

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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March 11, 2022
EUR/USD seeks to break a four-week downtrend near 1.1000, with a focus on US data and Ukraine

EUR/USD seeks to break a four-week downtrend near 1.1000, with a focus on US data and Ukraine The EUR/USD is licking its wounds after the ECB while making its way to 1.1000, up 0.15 percent intraday during the mid-Asian session on Friday. The pair’s recent movements could be attributed to the market’s uncertainty about the

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March 9, 2022
On the back of weak GDP data, the USD/JPY reclaims a three-week high of 115.90

On the back of weak GDP data, the USD/JPY reclaims a three-week high of 115.90   The USD/JPY pair has seen a juggernaut rally from its March 4 low of 114.65 to reclaim its three-week-old resistance at 115.90. The pair has extended its rally after Japan’s Gross Domestic Product (GDP) figures came in below expectations.

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March 8, 2022
EUR/USD is clinging to the precipice of the abyss at 1.0800, with the ECB keeping an eye on it

EUR/USD is clinging to the precipice of the abyss at 1.0800, with the ECB keeping an eye on it In Asia, the EUR/USD is attempting to correct higher, following the lead from yesterday’s trade, when the price was established just ahead of 1.08, the figure at which it was pinned near a 22-month low. The

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March 4, 2022
Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies

Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies The dollar was up on Friday morning in Asia, but the euro was set for its worst week versus the U.S. currency in nine months. The Russian invasion of Ukraine and the resultant higher commodities prices continue to drag on expectations of European economic growth.

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