Forex Trading
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Power Shortage Concerns Take a Toll on Chinese Yuan’s Value
On Wednesday’s forex trading session, the trading value of the Chinese yuan ended up a deeper fall. Although China has to deal with many internal crises, it is the shortage […]
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A Week after Cutting Key Rates, China Has Trimmed Lending Rates Yet Again
It was just last week when the People’s Bank of China cut the lending rates. However, the Chinese regulator has gone at it and it has cut lending rates yet […]
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Net Longs for USD is on the Rise While EUR Does the Same for Shorts
The latest foreign exchange market data shows that the speculators have grown a firm stand in favor of the USD’s net long positioning. However, an opposite orientation is being recorded […]
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Here’s Why EURUSD Reached Parity In 2022
Although it was a scenario that seemed less likely a few years ago, EURUSD reached parity on July 13th, 2022, for the first time since 2002. You probably already know […]
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Tremendous Quarterly Loss Of $21.6 Billion Reported By SoftBank
SoftBank has recently reported one of its biggest losses for its investment unit “Vision Fund”. The biggest losses SoftBank has reported are for the fiscal first quarter. SoftBank’s earnings have […]
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US NFP Data Has Caused a Slump in Trading Value of EUR/USD
EUR/USD is currently under a tremendous amount of pressure as the United States has recently shared its NFT data. The situation has gone extremely south for the pair and its […]
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EUR Still Pressurized Due to Extended Recovery of USD ahead of US NFP
The latest price chart for the EUR/USD pair shows that it is having a hard time and moving in the south direction. The euro is not able to hold its […]
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Trading Value of AUD/USD Increases Significantly
The trading value of the Australian dollar has been rising. The price chart shows that it is the second consecutive day the trading value of the Australian dollar has continued […]
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Yen Price is Surging, Analysts Predict
The trading price of the Japanese yen has been performing well against the US dollar. Yen has been demonstrating a strong performance versus the USD but things are not as […]
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After Three-Week Lows, Russian Ruble Finally Rebounds
It was over three weeks since the trading value of the Russian ruble was exhibiting a lower level. Finally, the dark clouds seem to have moved aside and the Russian […]