The Australian versus the New Zealand dollar currency pair ebbed until the 1.0631 level. Could this level be the one that starts a correction? Long-term perspective After validating the support of 1.0013 —…
Posts published in “News”
USD/KRW Declines As South Korea Exits Recession in Q3
The South Korean won is recording modest gains against multiple currency rivals on Tuesday as the nation’s economy returned to growth in the third quarter. After enduring the sharpest economic downturn in more than…
Bears Testing the 1.3000 Level on GBP/USD
The Great Britain pound versus the United States dollar currency pair has to make a decision: above or beneath 1.3000? Long-term perspective After validating the firm level of 1.2092 as support, the price started…
Euro Falls on Rising Eurozone COVID-19 Cases, Risk-Off Sentiment
The euro today fell against the US dollar as investors sold the single currency amid rising coronavirus cases within the euro area dampening investor sentiment.…
Chinese Yuan Retreats From 27-Month High as Officials Tolerate Currencyâs Appreciation
The Chinese yuan is retreating from its highest level against the US dollar in 27 months, despite officials revealing they will tolerate the currencyâs appreciation against the greenback â for now.…
Japanese Yen Mixed During Monday’s Quiet Trading
The Japanese yen was mixed today, rising against some peers and falling against others. Generally, though, the yen did not move far as trading was rather quiet on Monday. The Bank…
For How Long Are the Bulls Going to Wait for 0.7320 on AUD/USD?
The Australian versus the United States dollar currency pair is making lower highs, but the bulls may be just around the corner. Long-term perspective The rise in which the Australian dollar finds…
How to Get Started in Real Estate Investing (A Beginners Guide)
Investing in real estate can be lucrative, but it comes with many considerations and requires careful planning. Deciding when to invest and what to buy…
EUR/USD Ends Week Higher
EUR/USD ended the week with solid gains. The US dollar was the weakest major currency on the Forex market during the week. The euro, on the other hand, was one of the strongest, ending trading either…
The Turkish lira tested a fresh record low of 7.9 to close out the trading week, one day after the central bank surprised analysts and left interest rates unchanged. The lira has repeatedly…