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Forex Market Updates as on Friday October 13, 2017

NZD/USD pair remains volatile, but within range so far this Friday, having dipped to test the daily pivot near 0.7120 region, before meeting fresh buyers to head back towards 0.7150 levels. The spot i...

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Forex Market Updates as on Thursday October 12, 2017

NZD/USD pair finally managed to conquer the 0.71 handle for the first time this week, as broad based US dollar sell-off continues to push the rates northwards. GBP/USD pair entered a consolidative mod...

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Forex Market Updates as on Wednesday October 11, 2017

Having touched a session low level of 112.22, the USD/JPY pair caught some fresh bids and extended previous session’s rebound from the vicinity of 200-day SMA support. The bulls failed to take o...

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Forex Market Updates as on Tuesday October 10, 2017

The pullback in the EUR/USD pair from the high of 1.2092 seems to have bottomed out 1.17 levels despite the Catalan crisis. NZD/USD pair is seen replicating yesterday’s Asian moves, as its recovery ...

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Forex Market Updates as on Monday October 09, 2017

In view of Imre Speizer, Research Analyst at Westpac, NZD/USD retains downside risks, thanks to a recovering US dollar plus NZ election uncertainty. NZD/USD pair is seen making minor-recovery attempts...

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Forex Market Updates as on Friday October 06, 2017

USD/JPY is trading at 112.83, up 0.01% on the day, having posted a daily high at 112.90 and low at 112.76 GBP/USD fell to 1.3087 in Asia; the lowest level since September 7 on fears that UK PM May wou...

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Forex Market Updates as on Thursday October 05, 2017

AUD/NZD is trading at 1.0944, down -0.21% on the day, having posted a daily high at 1.0994 and low at 1.0943. The offered tone around the Aussie gathered pace, pushing the AUD/USD below the 1-hour 50-...

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Forex Market Updates as on Wednesday October 04, 2017

AUD/USD is trading at 0.7853, up 0.24% on the day, having posted a daily high at 0.7865 and low at 0.7830. EUR/USD jumped above the 1-hour 100-MA level of 1.1764 on the back of broad based USD selling...

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Forex Market Updates as on Tuesday October 03, 2017

AUD/JPY stalled its recovery path just shy of 88.50 levels and came under aggressively selling pressure on the announcement of the RBA’s monetary policy decision. AUD/USD dropped to a session low of...

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Forex Market Updates as on Friday September 29, 2017

GBP/USD pair resumed its recent bearish momentum in the Asian session, after a temporary reversal seen yesterday, as investors remain nervous ahead of a slew of key macro news from both the UK and US....

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Forex Market Updates as on Thursday September 28, 2017

EUR/USD extended its overnight retreat from near 1.1770 levels into Asia, as the bears look to test 1.1700 levels ahead of the German CPI and US GDP figures. GBP/USD is moving in a well established fa...

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Forex Market Updates as on Wednesday September 27, 2017

The bears continue to fight for control in the Asian trades this Wednesday, leaving the EUR/USD pair largely depressed below 1.1800 levels. GBP/USD dropped to an intraday low of 1.3409 on Tuesday on h...

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