RUB Staggering 40% Plunge: Trading Over 101 per USDForex

RUB Staggering 40% Plunge: Trading Over 101 per USD

Amid escalating tensions and economic challenges, the Russian Ruble has faced an alarming deterioration, plummeting by nearly 40% against the…

Euro Exchange Rate Moves Higher After US CPI ReleaseForex

Euro Exchange Rate Moves Higher After US CPI Release

The EUR/USD pair surged above 1.10 as US inflation data came in line with expectations. The core Consumer Price Index…

Dollar Rate Today: Traders Await Crucial US Inflation DataForex

Dollar Rate Today: Traders Await Crucial US Inflation Data

The forex market has entered a phase of cautious stability, with the US dollar maintaining its position against a spectrum…

AUD/USD Outlook: Australian Dollar RecoversForex

AUD/USD Outlook: Australian Dollar Recovers

The AUD/USD currency pair witnessed a recovery after testing levels under 0.6500. Despite this rebound, the bearish bias remains dominant…

Forex Volatility: Strategies Ahead of US Inflation DataForex

Forex Volatility: Strategies Ahead of US Inflation Data

Recent weeks have unfolded with an abundance of impactful events, including central bank meetings featuring rate hikes, employment statistics, GDP…

Euro Exchange Rate Faces Downside Pressure Below 1.1000Forex

Euro Exchange Rate Faces Downside Pressure Below 1.1000

The euro exchange rate finds itself under selling pressure as renewed USD demand takes centre stage. The rekindled expectations of…

The Central Bank in Ankara Tightens Monetary PolicyForex

The Central Bank in Ankara Tightens Monetary Policy

Turkey’s new central bank chief, Hafize Gaye Erkan, has vowed to continue to take “gradual and decisive” steps to slow…

Strong Economic Growth Surprises in World’s Largest EconomyForex

Strong Economic Growth Surprises in World’s Largest Economy

Economic growth in the United States in the second quarter of this year was stronger than expected, as activity proved…

EUR/USD Forecast: Euro Collapse Is PossibleForex

EUR/USD Forecast: Euro Collapse Is Possible

The EUR/USD pair has reached the first declining wave target at 1.0950, and analysts anticipate the formation of a corrective…

GBP to USD Surges: Fed Chair Stays Cautious on Further HikesForex

GBP to USD Surges: Fed Chair Stays Cautious on Further Hikes

The GBP/USD exchange rate soared after the Federal Reserve implemented a 25 bps interest rate hike to reach 5.25-5.50%. Such…