The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...
NZD/USD Analysis Greetings and Good Morning to all Visitors! As we know the market of NZD/USD reached around the 0.6104 zone on Friday. It is not a better scenario for the buyers. So, they should hold the 0.6132 zone to come back into the market. By...
THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...
AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...