Forex Market Outlook For The Week January 20 – 24, 2020
Last week, the tensions in the Mid-East calmed down, but trade and the US consumer data rocked the greenback. The British pound came under pressure…
Forex
Travelex Says its International Money Transfer Service in the UK will Resume by the End of January
Travelex is planning to resume its international money transfer services in the UK by the end of the month. Earlier today, the company announced about…
USD/JPY Pulls Off Multi-Month Highs to Trim Yearly Gains
The USD/JPY currency pair on Friday rallied to hit new multi-year highs of about 110.284 but pulled back late on to close at 110.130. The…
AUD/USD Plunges to New Weekly Lows Despite Weak US Data
The AUD/USD currency pair on Friday plunged to a new weekly low of about 0.6873 despite a disappointing US economic data. The currency pair had…
GBP/USD Surges Towards 1.3100 Amid Mixed Economic Data
The GBP/USD currency pair on Friday rallied towards the key level 1.3100 despite mixed series of economic data released over the last few days. The…
Forex Technical Cross Pairs analysis January 17, 2020
EUR/JPY The pair upward movement reverses its direction today and falls below the previous day low. We have a trendline rejection or on the higher…
Forex Technical Major Pairs analysis January 17, 2020
USDX (USD Index) U.S dollar index fiercely higher today and currently challenging the 97.50 resistance. If the index could close above 97.50 or better above…
The Increase In the Foreign Bond Investment Of Japan, Depreciated The CAD Against The JPY
Today the CAD depreciated itself against the JPY with a price of 84.37. Although the Canadian Dollar (CAD) is weakening today, it seems good from…