by Forexregulationinquiry | Feb 8, 2024 | News
Australian Dollar retraces its recent losses amid a stable US Dollar. Australia’s currency is strengthened as RBA’s Bullock did not rule anything in or out regarding future policy actions. Chinese CPI (YoY) declined by 0.8% against the anticipated decline of...
by Forexregulationinquiry | Feb 8, 2024 | Forex News, News
Gold price continues with its struggle to gain traction and remains confined in range. The uncertain Fed rate cut path is holding back traders from placing directional bets. Subdued USD demand and a positive risk tone contribute to the range bound price action. Gold...
by Forexregulationinquiry | Feb 8, 2024 | Forex Broker
Cryptocurrencies do not exist as physical coins, but as digital currency. The very first digital coin to go mainstream was Bitcoin, which continues to be the most popular cryptocurrency. However, other options such as Ethereum are now highly valued in the markets....
by Forexregulationinquiry | Feb 7, 2024 | News
The Japanese Yen draws support from a combination of factors, albeit lacks follow-through. The USD remains depressed below a multi-month low and exerts some pressure on USD/JPY. Hawkish Fed expectations favour the USD bulls and should act as a tailwind for the major....
by Forexregulationinquiry | Feb 7, 2024 | News
Indian Rupee trades on a stronger note amid US Dollar weakness. OECD revised India’s growth outlook higher for 2024–25 (FY25) to 6.2% from the 6.1% forecast earlier in its November outlook. Investors will tune in to the Fed speeches and the Reserve Bank of India (RBI)...
