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Forex
Euro plunged due to weak German and French PMI data
Euro plunged due to weak German and French PMI data
The euro declined broadly on Thursday as disappointing French and German PMI data confirmed that the…
EURUSD and GBPUSD: Global recession
EURUSD and GBPUSD: Global recession
During the Asian session, the euro weakened against the dollar.
During the Asian trading session, the British pound…
Dollar Rose in Early Trading
Dollar Rose in Early Trading
The US dollar rose higher in early European trade Thursday, reversing earlier losses as rising recession fears caused Treasury yields…
Euro and Sterling plunged. U.S. dollar is in demand
Euro and Sterling plunged. U.S. dollar is in demand
The euro and the British Pound tumbled down on Wednesday. Investors’ fears resurfaced that interest…
EURUSD and GBPUSD: Money flows to safe-havens
EURUSD and GBPUSD: Money flows to safe-havens
During the Asian trading session, the euro weakened against the dollar to support at the 1.04670 level.
During…
Yen Drops to A Fresh 24-Year Low
Yen Drops to A Fresh 24-Year Low
The Japanese yen fell to its lowest level versus the US dollar since October 1998 on Tuesday, as the Bank of Japan's ultra-easy…
Yen hit a 24-year low Monday. What about other currencies?
Yen hit a 24-year low Monday. What about other currencies?
The Japanese yen plummeted against the U.S. dollar on Tuesday, reaching the lowest levels…
EURUSD and GBPUSD: Bullish recovery.
EURUSD and GBPUSD: Bullish recovery.
During the Asian session, the euro consolidated above 1.05000 levels and started a bullish recovery.
During the Asian…
Euro Edges Higher with Focus on ECB
Euro Edges Higher with Focus on ECB
The euro was a fraction higher at $1.0519. Markets concentrated on European Central Bank powers to combat currency fragmentation…
NZ, Australian Dollars Up, Debt Market Savors an RBA Rally
NZ, Australian Dollars Up, Debt Market Savors an RBA Rally
Australian and New Zealand dollars rose on Tuesday. Global risk sentiment has declined slightly. The bond…
The Yen Is Nearing a 24-Year Low
The Yen Is Nearing a 24-Year Low
The Japanese yen weakened further on Monday, approaching a 24-year low as the Bank of Japan bucked the trend in a week of…
Euro rallied Monday while the dollar was broadly weak
Euro rallied Monday while the dollar was broadly weak
The euro soared on Monday as FX markets focused on the European Central Bank's tools to combat…
EURUSD and GBPUSD: High volatility
EURUSD and GBPUSD: High volatility
During the Asian trading session, the euro strengthened against the US dollar.
During the Asian trading session, the GBP…
Japanese yen plunged while Swiss franc continued rallying
The Japanese yen plunged while the Swiss franc continued rallying
The Japanese yen fell by 2% on Friday after the Bank of Japan decided to avoid…
EURUSD and GBPUSD: Rapid recovery
EURUSD and GBPUSD: Rapid recovery
Yesterday, the euro tested support at the 1.04000 level, after which we see a rapid recovery to the 1.06000 level.
After…
Is Day Trading Haram or Halal? Islamic Trading Explained
Is Day Trading Haram or Halal? Islamic Trading Explained
What does Islam say about forex trading? Is it Haram or Halal in Islam? What does this religion say about…
Day Trading vs. Swing Trading: Which Is More Profitable?
Day Trading vs. Swing Trading: Which Is More Profitable?
Day trading and swing trading are trading styles defined by the timespan in which financial instruments are…
The Dollar Is up From a One-Week Low
The Dollar Is up From a One-Week Low
The dollar was up in Asia on Friday morning, clawing back from a one-week low caused by the Federal Reserve's decision to raise…
Swiss franc hit new high Thursday. What about Euro and USD?
The Swiss franc hit a new high Thursday. What about Euro and USD?
The Swiss franc skyrocketed on Thursday. The Swiss National Bank (SNB) announced a…
EURUSD and GBPUSD: New recovery
EURUSD and GBPUSD: New recovery
During the Asian trading session, the euro was in retreat from 1.04500 to 1.04000.
Late last night, yesterday's attempt to…