How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
The EUR/USD pair is currently showing a general upward trend, indicating improving market sentiment and a return of buyers to the euro against the US dollar. This bullish momentum has been confirmed by the break of the previous high and the...
USD/JPY Right now, USD/JPY is trading around 134.50, holding steady after some stability last week. The pair’s been supported by a strong U.S. dollar, but it’s having trouble pushing higher with global markets showing some caution. Technical View:...
The Impact of Interest Rates on the Forex Market Interest rates play a crucial role in the foreign exchange (Forex) market, significantly influencing currency values, trader decisions, and market volatility. As one of the most important fundamental...
The EUR/USD pair kicked off the new week with strong bullish momentum, surging beyond the 1.1550 mark during Monday’s session. This impressive upward move propelled the pair to its highest level in over three and a half years, underscoring...