The GBP/JPY currency pair extended its upward trend for the second consecutive session, trading near the 193.10 level during the European trading hours on Tuesday. This upward momentum can be primarily attributed to a weakening Japanese Yen, fueled...
EUR/ USD Price Movements We are currently analysing the price action of the EUR/ USD currency pair. The main event yesterday that affected the currency market was the decline of the American stock market. If the stock market decline continues, it...
The currency pair is facing significant challenges in sustaining the modest recovery it saw over the past two days. During the Asian session on Wednesday, the pair fluctuated within a narrow range around the 1.2750 mark, remaining well within...
The upcoming release of the US inflation data (CPI) and the Bank of Canada's (BoC) interest rate decision are expected to significantly impact the USDCAD currency pair's volatility. If the US inflation data exceeds forecasts, the USDCAD pair could...
Risk Management Risk management in trading is a critical skill that helps traders protect their capital, ensure long-term success, and navigate the inherent uncertainties of financial markets. Here's a comprehensive breakdown: Key Principles of...
