Currency Trading

EUR/USD Drops to 1.0650 Amid US Economic Data

Key Points EUR/USD continued downward movement to 1.0650, influenced by strong US economic data and Fed comments.  The US Dollar…

5 days ago

Gold Price: Spot at $2,334.66, Futures $2,345.60

Key Points The current gold price is $2,334.66/oz, down from April highs, due to decreased haven demand. US high-interest rates…

6 days ago

USD/CAD Rises to 1.3665 Amid US Dollar Rebound

Key Points: USD/CAD rose to 1.3665 due to a strengthening US Dollar and falling oil prices impacting the Canadian Dollar.…

6 days ago

USD/INR Targets 84.00 Amidst Bullish Trends

Key Points: The USD/INR pair is nearing the critical 83.50 level, with sights set on a potential move to 84.00.…

6 days ago

Altcoins: Innovation and Investment Strategies

Cryptocurrencies have evolved beyond Bitcoin, giving rise to a new wave of digital assets known as altcoins. These alternative coins…

7 days ago

EUR/USD Climbs to 1.0710 Amid Dollar Weakness

Key Points EUR/USD is trading at 1.0710, boosted by a dip in the US Dollar Index below 106.00. Fed is…

7 days ago

GBP/USD Rises to 1.2520 as USD Falls Under 106.00

Key Points GBP/USD stands at 1.2520, boosted by a weaker US Dollar under 106.00. Fed's steady rates expected: No change…

7 days ago

Japanese Yen Hit Historic Low of 160.00 Since 1986

Key Points: Japanese Yen Hits Historic Low: Plunged below 160.00 against USD, weakest since 1986, amid BoJ's unchanged rate policy.…

7 days ago

GBP/USD Drops to 1.2502 Amid Economic Turmoil

Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…

1 week ago

USD/INR Emerges as Steadiest Major Currency

Key Points: Despite global volatility, USD/INR is the least volatile major currency in FY 2023-24, supported by interbank USD sales…

1 week ago

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