AUDUSD Today is an important day for AUDUSD traders as market dynamics will be influenced by important events. One of the highlights of the day is the speech by the RBA Governor, which could provide insight into the direction of Australia's monetary...
The EUR/JPY currency pair jumped to around 164.30 in early European trading on Wednesday. This bullish trend was mainly driven by the Bank of Japan (BoJ)’s lack of clarity on future interest rate hikes, which weakened the Japanese yen (JPY). In...
The EUR/USD currency pair continued its downward trend, reaching a new multi-month low. The euro weakened significantly due to a combination of factors, including the weakening of the eurozone economy, the strengthening of the US dollar and the...
The GBP/JPY pair has seen a strong rally recently, trading near the 195.50 level during European trading hours. However, a cautious sentiment prevails among traders ahead of the Bank of England (BoE) monetary policy report, due on Tuesday. The...
How to Utilize Leverage in Forex Trading Leverage is a powerful tool in Forex trading that allows traders to control a larger position with a relatively small amount of capital. However, using leverage effectively requires a deep understanding of...
