Forex News
India’s Foreign Exchange Reserves Dip by Over $2.94B to $535.25B
Indian foreign exchange (Forex) reserves fell to $535.252B for the week ending August 14, 2020, as per data released by...
USD Tries to Recover After a Shortage of the in the Market
Since COVID-19 has hit the U.S. economy, the U.S. market faced an unexpected shortage of the currency that might squeeze...
USD/CHF Lacks Intraday Traction and 50-day MA Support
USD/CHF faces intraday rejection from an intraday high of 0.973 at the press time, while currently trades at 0.971. The...
Euro Loses the Winning Streak as the US Dollar Tops the Demand
Euro weakens against the increasing demand for the greenback amidst the ongoing Pandemic. However, Beijing plans to lodge a new...
Pound Faces Intraday Volatility and String Rejection Above 1.229
Pound, at the time of penning down this analysis, was trading at 1.224 in the global market against the US...
Technical Analysis: USD/JPY Fails to Retain the Gains Fetched Earlier
USD/JPY continues to rule out the earlier fetched gains as it falls in the trading loop of 106 after a...
As Trade Talks Loom Again, Shares in Asia Remain Flat Due to Investors’ Caution
The trade war between the United States and China has dragged on since the end of 2018 and has proven...
Euro steadies while Dollar Hits Two Week High as Rate Cut Optimism Is Tempered
Investors and traders all over the world have had a tough time in the year so far. The trade war...
Many Companies Are Acquiring Copious Amounts of their Own Stock through Buybacks
When a company buys shares in its own company, then it is an indication that the company’s management believes in...
China All Set to Launch NASDAQ Style Venue for Trading From Monday
Over the past two decades, China has tried to replicate most of the things that have worked in the United...
