Australian Dollar Holds Steady Ahead of Key CPI Report
The Australian Dollar remains rangebound against the US Dollar as markets await the November Consumer Price Index data, signaling cautious sentiment a…
Category: Forex Education
White House Engages Oil Companies on Venezuela Reconstruction Plans
The U.S. administration has initiated discussions with major oil firms about rebuilding Venezuela's oil sector, signaling potential shifts in energy g…
US Military Intervention in Venezuela Spurs Global Market Volatility
The unexpected US military operation in Venezuela and capture of President Maduro has triggered significant shifts in global markets and geopolitical …
GBP/USD Reclaims 1.3500 Amid Dollar Weakness Triggered by Geopolitical Tensions and Soft US Data
GBP/USD climbed back to the 1.3500 level as the US Dollar retreated following heightened geopolitical concerns and disappointing economic reports from…
December US Manufacturing PMI: Signals of Sector Momentum into 2025
The upcoming release of the US Manufacturing PMI offers key insights into sector performance and potential economic momentum heading into 2025.
USD/JPY Price Action Reflects BoJ Rate Hike Expectations Amid Yen Strength
USD/JPY edged lower as the Japanese Yen gained momentum on forecasts of further Bank of Japan rate increases, signaling shifts in forex market dynamic…
USD/CHF Steady as Swiss Retail Sales Disappoint in Latest Report
Despite Swiss retail sales growth falling short of forecasts, USD/CHF maintains its footing near 0.7950 amid evolving market dynamics.
EUR/USD Dips to Four-Week Low, Eyes Key 100-Day SMA Support at 1.1665
EUR/USD faces increased selling pressure, nearing its 100-day moving average support near 1.1665 amid ongoing market volatility and macroeconomic unce…
NZD/USD Shows Recovery After Touching One-Month Low
The NZD/USD currency pair has rebounded from its lowest level since early December, signaling potential shifts in forex market dynamics and global ris…
Australian Dollar Declines Below 0.6700 Amid US Capture of Venezuela’s Maduro
The Australian Dollar weakened below 0.6700 due to a surge in geopolitical risk following the US capture of Venezuela’s President Nicolas Maduro, st…