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USD’s Rally Against AUD and JPY to Continue This Week
25.4.2022
The greenback has been doing well in the market lately against the AUD and JPY. The sudden market shifts caused by hawkish federal rate hikes have helped it carry the momentum on last week. In addition, there was also a significant upsurge in government bonds just as the traders collectively sold...
Australian Dollar Falls Against the US Dollar, with Surge in US Yield
22.4.2022
Forex brokers are institutions or individuals who have been duly authorized to perform transactions related to foreign exchange. In the case of Australia, forex brokers must be authorized by the Australian Securities and Investment Commission, also known as ASIC. The Australian Dollar has emerged...
US Dollar Holds Ground Against JPY and CHN While Wall Street Rises
20.4.2022
The global market changes have put the greenback on the right track in the forex market. The USD has outrun several currencies from the Asia-Pacific in the last 24 hours alone. Specifically, the currency’s run against the JPY has been so phenomenal that it is expected to reach the 2002 peak...
RBA to Release Meeting Minutes to Counter the Strength of the US Dollar
19.4.2022
Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currency. People can exchange their respective currencies for trade, commerce, or tourism. The market...
As Europe Seeks Alternatives, the Australian Dollar May Rise
18.4.2022
The Australian Dollar is the fifth most traded foreign currency on the exchange board. Reasons could be trade, commerce, or tourism, and the Australian Dollar was the Australian Pound from 1910 to 1966. The Reserve Bank of Australia looks after the regulation of the Australian Dollar, offering...
Plus500 Launches A New Share Buyback Program
14.4.2022
Plus500 was founded in 2008 with headquarters in Israel. It is a brokerage firm that offers products like ETF, Crypto, Forex, CFD, Shares, Commodities, Indices, and Options. Plus500 is spread across Cyprus, the United Kingdom, Singapore, Australia, and Bulgaria. The operations of Plus500...
US Dollar Returns to Positive Road as Feds Give Assurance
13.4.2022
The USD seems to be getting healthy from the impacts of the ongoing war in Ukraine. The greenback got back in line after a slight setback as per the reports. The US inflation, which was expected to bring the currency down, ended up softer. The Feds are confident that the currency will continue this...
Trading Volume for Capital.com Jumps In the First Quarter of 2022
12.4.2022
Capital.com has its headquarters in Cyprus. It was founded in 2016 and has now gone on to become a globally known brokerage firm. Capital.com undertakes activities related to Foreign Exchange and Contracts for Difference trading. The brokerage firm has its presence in Cyprus, Melbourne, Gibraltar...
AUD/USD Focuses on China CPI at the Start of a Busy Week
11.4.2022
The Asia-Pacific trading week begins with the Australian Dollar taking center stage. Eyes remain on China CPI figures, which will be published today at 1:30 GMT. AUD/USD hit a high in the previous week only to lose those gains in the coming times. Shanghai has entered into the third week of...
US Dollar Is Closer to Its Highest in Two Years and Best in the Last Four Weeks
8.4.2022
Foreign Exchange is a broader concept, and engagement includes people converting their current currency to another currency for tourism, commerce, and/or trade. While tourism and commerce are regular occurrences, the aspect of trade depends on the supply & demand of the currency. The US Dollar...
FX Trading Volume Rises for Saxo Bank, as Equity Trading Falls
6.4.2022
Reasons for FX could be regular commerce or tourism. Foreign Exchange trading has turned out to be the most liquid and the largest asset market globally. The rule under FX trading is simple. A trader tracks the development of different nations and trades the respective pair. For example, EUR/USD...
AUD Expected to Stay Bullish with Expectations of RBA Hikes
4.4.2022
The Australian dollar has held on to a steady momentum in the last few weeks. It was triggered by the increasing commodity prices following the International crisis in Eastern Europe. Although the Reserve Bank of Australia is expected to keep the rates at 0.1% for the first half of the year...
RBA’s Decision on Hikes Will Influence the Australian Dollar
1.4.2022
The Australian economy is stronger than before, but the Australian Dollar is testing tides against the national resistance level. Fundamentals have held their ground as the Australian Dollar is backed by two factors. A healthy national balance sheet and the elevated commodity prices have, as...
Saxo Bank Ensures Platform Compliance in the Face of FSA Warning
31.3.2022
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transaction reportage. It provides a variety of online trading services to retail and institutional...
Hopes for Russia-Ukraine War De-Escalation Hikes Euro
30.3.2022
Amidst intensifying fears about the Russia-Ukraine war, the news of de-escalation is a clear indication of diplomacy. With this news of peace breakthrough and de-escalation, the price of the Euro hiked as other currencies fought hard to find a floor. The U.S. Dollar Index showed that the currency...
City Index Expands Business in Australia with Corporate Rebranding
29.3.2022
Following a huge sponsorship deal with the National Rugby League Club Sydney Roosters, City index Australia announces further plans to expand its business. The global provider of FX and CFD trade services initiated the expansion plans by moving to a new head office in Australia. The company makes...
AUD/USD Might Pause the Bull Run as APAC Conditions Deteriorate
28.3.2022
The momentum enjoyed by the AUD/USD pair is experiencing some downtime in the market. The commodity currency gained much from the demand created by the ongoing global conflict in the last few weeks. It helped the currency reach new points against the greenback in the market. However, the currency...
USD Slides Down While Japan’s Yen Takes the Hit
25.3.2022
The Japanese Yen took a deep cut in the market on Friday, losing 0.61% against the United States dollar. It is believed that the hiking import costs and a downside in the interest rates have caused the JPY to take this blow. And what’s more, the greenback also took a hit as per the recent...
Asia-Pacific Market Rally Expected to Push the Australian Dollar
23.3.2022
The overnight fluctuations on the Australian dollar seem to put things into perspective for investors. The AUD/USD pair has seen a significant hike that brought the currency to the $0.75 level. The Aussie currency continues the streak following an emerging bullish sentiment for Asian stocks....
Forex.com Expands Business to the Canadian Market
17.3.2022
Forex.com is expanding to the Canadian market in a recent announcement made by the company on March 16. Canadian traders will now be able to access trading tools offered by the platform to be used in 2500 tradable markets. Furthermore, the forex broker also has plans to offer CFD trading...