Forex Today: Focus on Fed Chair Powell’s speech as shutdown persists
Here’s a quick overview for Thursday, October 9th. Traders will be paying close attention to statements from central bank representatives, particularly Federal Reserve Chair Jerome Powell, as the release of significant economic data from the U.S. will be delayed due to the ongoing government shutdown. USD price this week The following table highlights the percentage […]
Revolut plans to challenge Indian banks and their high forex charges.
Revolut Launches in India: A New Player in Cross-Border Payments British fintech company Revolut has officially launched in India, targeting a significant gap in the country’s cross-border payment services. Reports indicate that Indians spend about $30 billion abroad each year, with an estimated $600 million lost to bank fees. This situation has led to some […]
EUR/USD Forex Alert 02/10: Very Positive
Created on October 2, 2025 Clear strategies. Buy the EUR/USD pair and set a take profit at 1.1850. Implement a stop loss at 1.1650. Timeframe: 1-2 days. Alternative strategies. Sell the EUR/USD pair, setting a take profit at 1.1650. Maintain a stop loss at 1.1850. The EUR/USD rates held steady on Thursday morning as traders […]
Today’s Forex Focus: SNB rate decision, US GDP, and Tokyo CPI inflation in Japan ahead
The US dollar saw a rise on Wednesday, leading to increased risk aversion across the market. Central banks globally are navigating through economies that are growing at different speeds, many of them combating a notable slowdown in economic activity. Simultaneously, persistent global inflation indicators remain high, complicating the effectiveness of several standard policy responses. The […]
Forex Today: Markets stay unstable before German business outlook and US housing information
What to Know for Wednesday, September 24th This mid-week, major currency pairs seem to be lacking clear direction as traders await a new catalyst. Investors are particularly focused on the business sentiment data emerging from Germany during the European session. Later on, the U.S. Economic Calendar will release data on new home sales for August. […]
EUR/USD Forex Signal for 23/09: Negative Outlook Ahead
Created on September 23, 2025 Bearish perspective Consider selling EUR/USD pairs with a target set at 1.1700. Add a stop loss around 1900. Timeframe: 1-2 days. Strong opinion Buy the EUR/USD pair, targeting 1.1900. Add a stop loss at 1700. The EUR/USD exchange rate has steadied at 1.1800 as of Tuesday morning, following a sharp […]
US Forex Update: Dollar seeks direction from post-Fed speeches
US Dollar Rises as Fed Signals Changes The US Dollar (USD) experienced a notable increase on Friday, with the US Dollar Index (DXY) trading at 97.74, reflecting a 0.4% gain during the session. This uptick follows the outcomes of Wednesday’s Federal Reserve meeting. Fed Cuts Major Interest Rates This marked the first interest rate reduction […]
Forex Today: BoJ’s bold move strengthens Japanese Yen, attention turns to Trump-Xi conversation
Market Update for September 19 Here’s a brief overview of what’s happening today, Friday, September 19. Nvidia plans to inject $5 billion into Intel for developing AI infrastructure and PC chips, which is likely to set a positive tone in the markets, especially as Wall Street responds on Friday morning. Furthermore, recent US economic data […]
Forex Today: Watching the BoE decision following the Fed’s careful rate decrease
Market Update for September 18th Here’s a summary of the situation as we head into Thursday, September 18th: The market seems to be caught in a mix of caution and optimism today, potentially altering the cautious stance of the US Federal Reserve. This shift might adjust the anticipated interest rate cuts from the Bank of […]
Forex Today: The quiet before the BoC and Fed activity
Key Updates for September 17th Here’s the latest for today: There’s quite a bit of market buzz as global indices react ahead of significant announcements from major central banks, particularly the eagerly anticipated US Federal Reserve policy decisions. We’re seeing signs of a softening labor market in the US alongside persistent inflation, which has resulted […]