Forex News

Julie Fernandez, Senior Financial Analyst at Triangle Profits In the dynamic world of Forex trading, the EUR/USD and GBP/USD pairs have recently captured attention due to notable shifts in sentiment and positioning. As of August 29, 2024, market data...

Author: Julie Fernandez, Senior Financial Analyst at Triangle Profits As the global forex market continues to experience volatility, recent developments have propelled the Japanese Yen into the spotlight. Following a surprising uptick in Japan's CPI, paired with Bank of...

Julie Fernandez, Senior Financial Analyst at Triangle Profits As global markets grapple with ongoing geopolitical tensions, particularly in the Middle East, Indian stock markets are preparing for a measured uptick. The Sensex and Nifty indices are expected to inch...

By Julie Fernandez, Senior Financial Analyst at Triangle Profits Market Overview: The Japanese Yen gained some ground against the US Dollar today, driven by an unexpected uptick in Japan’s Consumer Price Index (CPI). This inflationary surprise injected optimism into...

Euro zone Resilience: The Eur ozone's IMP data, particularly in manufacturing and services, suggests that the region's economy is rebounding faster than anticipated. This economic strength has boosted the Euro, as investors seek safer havens amid global uncertainties. US...

Julie Fernandez, Senior Financial Analyst at Triangle Profits As the global financial markets gear up for the much-anticipated Jackson Hole symposium, the US dollar continues to show signs of weakness, reaching levels last seen eight months ago. This comes...

By Julie Fernandez, Senior Financial Analyst at Triangle Profits In a surprising turn, the U.S. dollar slumped to a seven-month low, sparking speculation about potential Federal Reserve interest rate cuts in September. The greenback's decline against major currencies is...

By Lewis William, Senior Financial Analyst at Triangle Profits Overview: The GBP/USD pair is witnessing a bullish momentum, fueled by stronger-than-expected U.S. economic data. This development has shifted market sentiment, pushing the pair above key technical levels and challenging...

The Forex market has recently been rattled by an unexpected surge in renminbi volatility, catching many traders off guard. Banks, particularly those dealing in USE/CNN exotics, found themselves in a tight spot, scrambling to re-and manage the sudden short...

By Lewis William, Senior Financial Analyst at Triangle Profits Gold has been making repeated attempts to reach a new all-time high, currently hovering around $2,485 per ounce. However, robust US retail sales have been acting as a formidable barrier,...