Following the US Dollar's (USD) footsteps throughout Tuesday's North American trading hours, EUR/USD remains sideways. Due to Wednesday and Thursday's Forex market holidays—Christmas Day and Boxing Day, respectively the US Dollar Index (DXY), which...
Best Forex Trading Strategies Forex trading involves speculation on currency price movements. To succeed in the forex market, traders employ various strategies based on their goals, risk tolerance, and market analysis. Here are some of the best...
The spot prices surrendered their intraday gains after briefly climbing to around $2,615 during Tuesday's American session, pressured by unexpected economic data. The U.S. Census Bureau reported that monthly Retail Sales surged by 1%, significantly...
GBP/USD consolidates in a range at around 1.2550 on Tuesday after closing in negative territory on Monday. The US Dollar preserves its strength and makes it difficult for the pair to gain traction as trading conditions thin out on Christmas Eve The...
EUR/USD trades with mild losses near 1.0400 on Tuesday. The expectation that the US Federal Reserve will deliver fewer rate cuts in 2025 provides some support for the US Dollar. Trading volumes are likely to remain low heading into the Christmas...
