The USD/JPY retreats during the North American session and trades below the 200-day Simple Moving Average (SMA) of 152.70 for the second consecutive trading day.
Gold price climbed on Monday during the North American session, posting gains of 0.56% amid thin trading as markets in the United States (US) were closed in observance of Presidents’ Day.
The US Dollar alternated gains with losses in the area of two-month lows in a context of marginal trading conditions amid the inactivity in the US markets due to the Washington’s Day holiday.
The US Dollar Index (DXY), which tracks the US Dollar's performance against six major currencies, trades flat on Monday as traders monitor new geopolitical developments.
The Mexican Peso (MXN) extended its gains versus the US Dollar (USD), clearing key support at the 50-day Simple Moving Average (SMA) of 20.42 as the USD/MXN found acceptance at lower exchange rates.
Argentine lawyers have filed charges against President Javier Milei for promoting a cryptocurrency, Libra (LIBRA), which briefly surged and then crashed.
Bullish Scenario (Above 22,237), Bearish Scenario (Below 22,165). Take profits incrementally and reduce exposure as the trade progresses, at these specified price levels...
European Central Bank (ECB) Governing Council member and head of the Austrian central bank, Oesterreichische Nationalbank (OeNB) noted on Monday that warning signs that the ECB may undershoot inflation targets are growing, but overall inflation figures are still lopsided and make policy moves difficult.
Federal Reserve (Fed) Board of Governors member Michelle Bowman noted on Monday that the Fed's recent progress on inflation may have been hampered by rising asset prices.
Hoorah, a prop trading firm, teamed up with Spotware, the developer of cTrader platform. By integrating cTrader into its offerings, Hoorah mentioned that it aims to ensure its traders have access t...
The EURUSD swing area between 1.0453 and 1.0467 stalling the fall in quiet holiday trading today. That area will be a key short term bias defining area for the new trading week.
Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale. . Co-founder Yi He also addressed the rumors.
Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday that the current economy argues for a steady policy for now, as reported by Reuters.
Although Ethereum’s price has been on a steady decline, the price is attempting a recovery but faces a possible price pullback at key price resistance levels.
The USD/CAD pair ticks higher to near 1.4190 in Monday’s North American session after rebounding from a two-month low of 1.4150, which it posted on Friday.
Low market volatility might not be a great environment for FX brokers, but for reasons relating to cost and risk in particular they almost unanimously reject the suggestion that the answer is to si...
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading around 106.80 for the bigger part of this Monday while traders mull any possible outcomes from this week's meeting in
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