Forex News Archives

India’s Foreign Exchange Reserves Surge by $1.23 Billion, Reaching $596.28 Billion

India’s foreign exchange reserves witnessed a significant boost as they surged by $1.23 billion, reaching a total of $596.28 billion. This increase highlights.

by Ravin Njina
July 16, 2023
1 minute read

Forex News

US Dollar Strengthens on Fed’s Hawkish Stance, ECB Policy Decision Awaited

The US Dollar (USD) is gaining strength against other currencies on Thursday, supported by the Federal Reserve’s hawkish guidance. The European Central Bank.

by Ananthi
June 15, 2023
2 minutes read

Whale Sell-Off Sparks Speculations of Insider Trading as Pepe Coin Faces Bearish Trend

Forex News

Australian Dollar Faces Bearish Signal With Flag Formation

The Australian dollar, also known as the Aussie dollar, has encountered a bearish signal in the form of a bear flag pattern. This.

by Emmie Sonnie
May 31, 2023
1 minute read

Forex News

US Dollar Holds Strong as Antipodean Currencies Plummet

The US Dollar continued its impressive rally on Thursday, marking the fourth consecutive day of gains against a basket of currencies, as indicated.

by Ravin Njina
May 26, 2023
1 minute read

Forex News

Travel Boom Fuels Surge in Forex Spending to $27 Billion

The travel industry is experiencing a significant surge in foreign exchange spending as Indians embrace international travel following the easing of pandemic restrictions..

by Emmie Sonnie
May 23, 2023
1 minute read

Forex News

US Dollar Stabilizes as Attention Shifts to Fedspeak and US Retail Sales Data

With the market’s attention shifting towards upcoming Fedspeak and US Retail Sales data, the US Dollar has managed to stabilize, finding a sense.

by Emmie Sonnie
May 16, 2023
1 minute read

Forex News

Exploring Carry Trades and Arbitrage Opportunities in the Forex Market

In the world of forex trading, conventional wisdom often revolves around technical and fundamental analysis. However, more experienced traders may want to explore.