Gold Prices Dip in India Amid Global Market Shifts on January 16
Gold prices in India experienced a significant decline on January 16, reflecting broader global market movements and shifting investor sentiment.
Category: Forex Education
GBP/USD Holds Below 1.3400 as US Dollar Strengthens on Fed Outlook
The GBP/USD pair remains under pressure below 1.3400 amid cautious US Federal Reserve rate hike expectations, impacting global currency markets.
US Dollar Strengthens as Japanese Yen Approaches 158.50 Amid US Job Data
The US Dollar gains momentum against the Japanese Yen, approaching 158.50, driven by a notable decline in US jobless claims and imminent industrial pr…
Gold Prices Retreat Amid Eased Iran Tensions and Robust US Job Data
Gold prices declined as geopolitical tensions involving Iran softened and stronger-than-expected US employment figures tempered bets on Federal Reserv…
USD/CAD Edges Higher as US Dollar Gains on Strong Data While Oil Prices Pressure CAD
The USD/CAD currency pair rises amid robust US economic data bolstering the US Dollar, while declining oil prices exert downward pressure on the Canad…
EUR/USD Approaches 1.1600 Amid Strong US Labor Market Data
The EUR/USD exchange rate weakens as robust US labor figures bolster the dollar, highlighting shifting dynamics in global currency markets.
EUR/USD Struggles Near Monthly Lows Despite Strong Eurozone Industrial Output
Despite robust Eurozone industrial production data, EUR/USD remains pressured near one-month lows, highlighting persistent market hesitations.
Bank of Korea Maintains Interest Rates as Currency Stability Prevails
The Bank of Korea keeps its benchmark interest rate steady at 2.50%, prioritizing exchange rate stability amid evolving macroeconomic conditions in Ea…
EUR/JPY Outlook: Market Stalls Near 184.50 Amid Yen Intervention Concerns
The EUR/JPY pair weakens near 184.50 as Yen strength gains on intervention fears ahead of Japan’s election. Key technical levels and broader market …
NZD/USD Slides Below 0.5750 Amid Rising US-China Trade Concerns
The New Zealand Dollar weakens against the US Dollar as new tensions in US-China trade relations intensify, driving the NZD/USD pair below 0.5750 duri…