Aug 262020
 
EMERGING MARKETS-Trade, vaccine optimism buoy stocks, FX; Belarusian rouble drops

EMERGING MARKETS-Trade, vaccine optimism buoy stocks, FX; … Banks were running out of foreign currency as residents sold the Belarusian …
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US Open – Stocks rise on Trade Talks, German data, and stimulus prospects, Oil rises ahead of …

The euro rallied on fiscal support prospects, German data that showed the … including Global Forex Trading, FX Solutions and Trading Advantage.
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Can Gold Retake the $2000 Mark? EuropeFX Analysts Weigh In

There is more at work here than simply the weakness of the US dollar … Trading Forex/CFD's carries a high level of risk and can result in the loss of …
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Bulls Might Try a New March Towards 1.3261 on GBP/USD

The Great Britain pound versus the US dollar currency pair, although it was indecisive, seems to be searching to channel its momentum towards a …
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Aug 232020
 
Sterling Range-Bound Despite Upbeat UK Retail Sales and PMI Data

The GBP/USD currency pair today traded between a high of 1.2772 and a low of 1.2717 and was within the upper portion of this 55 pip range at the time …
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Zimbabwe Moves to Eliminate Parallel Exchange Rate in New Law

… quote or offer the price for such goods or services in both Zimbabwe dollar and foreign currency at the ruling exchange rate,” the government said in …
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Pound fluctuates on Brexit uncertainty TORFX Weekly exchange rate news

The Pound to Euro (GBP/EUR) exchange rate fluctuated this week on mixed-signals over UK-EU post-Brexit trade relations, and the rising coronavirus …
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Israel condemns UN decision not to extend Iran arms embargo

FILE PHOTO: Israeli Foreign Minister Ashkenazi meets his Hungarian … will lead to further Middle East instability, Israel's foreign minister said on Saturday. … meaning prices are indicative and not appropriate for trading purposes.
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Aug 192020
 
Dollar hovers near two-year low as traders push euro longs to record high

Real money and leveraged investors preferred to express their negative view on the dollar via the most traded currency pair in the world – euro/dollar – …
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Price of Gold Fundamental Daily Forecast – Market Clears Key Resistance on Back of Low Yields …

Real money and leveraged investors preferred to express their negative view on the dollar via the most traded currency pair in the world – Euro/Dollar …
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Technical outlook: Time for GBPUSD to challenge 1.3200?

Investor sentiment towards the currency continues to turn increasingly positive … daily timeframe with the currency pair trading around 1.3160 as of writing. … ForexTime (FXTM), its affiliates, agents, directors, officers or employees do …
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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as US-China Trade Tensions …

… by 0.4% today, with the pairing currently trading around CA$1.71. The Canadian Dollar (CAD) suffered today as US-China trade tensions are …
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Aug 182020
 
Chinese Yuan Gains As PBoC Pumps More Liquidity Into System

The USD/CNY currency pair fell 0.18% to 6.9375, from an opening of 6.9503, at 13:11 GMT on Monday. The EUR/CNY dipped 0.09% to 8.2241, from …
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Dow Futures Edge Higher, Dollar Slumps Amid Mixed US.-China Signals; Walmart, Home Depot …

The U.S. dollar slumps to two-year lows on foreign exchange markets, … The mixed signals kept markets in a tight range during European trading, …
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Turkey's 2nd Financial & Currency Crisis in 2 Years Blossoms. Heavily Invested European Banks …

Garanti's shares that trade in Istanbul closed on Friday at 6.78 lira, or about $0.92. The Garanti ADR, which trades in the US, closed at $0.91 on Friday.
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Bitcoin Is A Well-Known Virtual Currency. Are Electronic Transactions Possible Using Bitcoin?

With international trade based on traditional money, currency conversion generates considerable costs. Keep in mind that the transferred Bitcoins are …
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Aug 172020
 
RBZ to buttress auction system

While the Zimbabwe dollar exchange rate has moved from $25 to US$1 … A fortnight ago, the central bank introduced a foreign exchange auction …
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UWI should not convert USD fees, says lecturer – Ogunsalu: Fluctuating exchange rate, bad hiring …

The UWI has set the exchange rate for the 2020-2021 academic year at J$141 to US$1, triggering howls of protests from many students. The Jamaican …
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Euro May Rise if Q2 GDP and PMI Data Reinforce Recovery Hopes

GDP Growth Rate QoQ Prel (Q2). A: F: -7.6%. P: R: -0.6%. Education · Trading courses · Forex for Beginners · Forex Trading Basics · Learn Technical …
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Bears likely to have upper hand in USD/INR trade, deploy Protective Call strategy

The initial weakness in the last trading week was followed by a mild pullback and the currency pair closed with a loss of 12 paise on a weekly basis at …
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Aug 152020
 
EUR/USD Analysis: Supported By 55-Hour SMA

On Monday, the EUR/USD currency pair raised above the 1.1750 level. During today's morning, the pair reversed south. It is likely that the exchange …
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Thailand's Gold Plan May Curb Baht Without Incurring US Anger

The market for wholesale gold trading in baht is about $50 billion a year, or about 5% to 7% the size of of Thailand's foreign-exchange market, according …
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USD/PKR Forecast: August 2020

Currency Pairs: USD/PKR. Also on DailyForex.
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USD/INR Forecast: August 2020

However, the technical movements of the forex pair are not concerned with the 'whys' as much as they are with the 'what's next' for the trend. If global …
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Aug 132020
 
US Treasuries: the lessons from March's market meltdown

Trading conditions for US Treasuries had been poor for a while. … Scott, head of the global rates, securitised assets and currency trading teams at …
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A Chick-fil-A location is offering free food in exchange for coins

One Chick-fil-A location needs coins so badly it's giving away food. The store is offering customers a $10 bill and a coupon for a free entree in exchange …
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Jump in Negative Currency Impact on Earnings

Today Kyriba released its Q1/2020 “Currency Impact Report. … which corporate leaders mention foreign exchange (FX) during quarterly earnings calls …
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EUR/USD Forex Signal: First Bearish Retracement

I wrote yesterday that we were seeing strong price movements in this currency pair and they were worth taking advantage of. I wanted to take a bullish …
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Aug 102020
 
USD/PKR: Adventure Seekers Should Look At Pakistani Rupee

This currency pair doesn't have a great deal of transparency, nor does it … However, this forex pair did look like an adventurer's dream earlier today …
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Market exchange rates in China — July 23

BEIJING, July 23 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies …
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Euro Reverses Its Losses In The Morning Session

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages. Stay udpated with our FREE Forex Newsletters · Download our …
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Exchange rate depreciates at the NAFEX window as dollar scarcity persists

Parallel Market: At the black market where forex is traded unofficially, the Naira remain unchanged against the dollar to close at N475/$1 on Tuesday, …
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Aug 092020
 
Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk

The lira was briefly trading at a record low of 8.1733 to the euro just after 10 … That has exacerbated ongoing strains in the FX market,” Timothy Ash, …
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Brazilian Real Weakens Despite Rise in Foreign Direct Investment, Soybean Exports

The USD/BRL currency pair advanced 0.28% to 5.1665, from an opening of 5.1518, at 16:36 GMT on Tuesday. The EUR/BRL jumped 0.11% to …
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EUR/JPY Analysis: Remains Near 124.00

The currency pair tested the 123.90 level during yesterday's trading session. The EUR/JPY exchange rate is currently trading near the monthly …
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Market exchange rates in China — July 29

BEIJING, July 29 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies …
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Aug 062020
 
EUR/USD meets support in the 1.1700 region, looks to US data

EUR/USD corrects lower, but support emerged near 1.1700. … The rally in the single currency … … The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited …
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Gold may eclipse dollar as reserve currency after outsize coronavirus spending: Goldman Sachs

The effort to pull the economy from the clutches of deflation has already pushed real interest rates, or rates after factoring in inflation, to a record low. The …
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Turkey ETF Slide on Currency, EU Sanction Risks

Turkey country-specific exchange traded fund retreated Tuesday as weakness in the lira currency and friction with the European Union weighed.
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Utilities ETFs rally, on track for best month in over 4 years

Utilities exchange-traded funds outperformed Tuesday as investors … Forex (or FX or off-exchange foreign currency futures and options) trading …
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