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<p>The USD weakened against a number of its counterparts yesterday and during today’s Asian session, due to further general market sentiment improvement. Once again, the improvement of the market sentiment tended to be associated with the efforts to reopen economies in various parts of the world. The greenback’s weakening comes ah

<p>The pair hit new six-week low in European trading on Wednesday, remaining firmly in red after Tuesday’s marginal close below 106.92 former base but failure to close below cracked daily cloud base (106.70). Fresh bearish extension today broke below cloud base and probed below Fibo support at 106.44 (50% of 101.18/111.71). The dollar r

<p>The New Zealand Dollar surge by 81 pips or 1.36% against the US Dollar on Tuesday. The currency pair breached the weekly R1 at 0.6098 during the Asian session on Wednesday. All things being equal, the exchange rate will most likely continue to surge within this session. The potential target for bullish traders would be […]

According to the National Institutes of Health's (NIH) clinical trial, Gilead's remdesivir accelerates the recovery from advanced COVID-19, Reuters re

The Federal Reserve (Fed) will announce its decision on monetary policy today at 18:00 GMT. Chairman Jerome Powell will read a statement and hold a pr

The S&P 500 broke above the 2900 resistance on a daily basis opening the gate to more advances towards the 3000 and 3130 levels in the medium-term. In the mean

The US dollar has traded lower against the Japanese yen on Wednesday, hitting fresh 6-week lows at 106.35 before attempting a feeble recovery, that ha

GBP/JPY recovery from 124.00 lows has lost steam and the pair us testing support at 131.94 A successful break of 131.95 might add bearish pressure an

EUR/USD is oscillating within familiar ranges as markets participants are waiting for the FOMC economic projections later this Wednesday.

The USD/MXN broke below 24.00 and fell to 23.88, reaching the lowest level since April 20. It is falling for the third consecutive day as it continues