Forex

Why is Australian dollar under pressure

Highlights The Australian dollar has been trending downwards in the last one month. The domestic currency appears to be bearing the brunt of a haw...

What’s Making Australian Dollar Weak And NZD Firm?

Source: Atstock Productions, Shutterstock Australia’s slow vaccine roll-out had an impact on the investor sentiment and the Australian dollar o...

INR puts worst show in 20 months on fears of liquidity glut

Source: saisnaps, Shutterstock The Indian Rupee (INR) has put up its worst intra-day show in 20 months on concerns of liquidity glut induced by the R...

Dented Risk Appetite Pushes Greenback to Four-Month High

Source: Deacons docs, Shutterstock Summary The US Dollar traded near its four-month high level on Wednesday as global markets’ concerns wa...

How Treasury Yields Fluctuations Swayed the Currency Market

Source: Thanwa photo, Shutterstock Summary The US Treasury yields retreated on Tuesday, driving strong gains in the riskier currencies like the...

Fed’s Dovish Stance Shoots Up Greenback to Three-Month High

r currencies like New Zealand and Australian dollars slumped along with equities. Giving an end to growing speculations that the US Federal Reser...

How Bond Yields are Driving the Forex Market

e Australian dollar. The bond market has begun to recover from the recent market sell-off, inducing a fall in the US Treasury yields. Last week,...

Three currency pairs gaining ground, what are chartists looking at i...

Currencies have been a volatile so far over lower interest rate environment and economic meltdown on account of the COVID-19 outbreak. However, since...

AUD rises as job data lifts FX traders

Australian Dollar is on an upside run against the US Dollar today. Currency traders are speculating relatively better economic conditions compared to...

Australia Dollar Going Strong and Here’s Why

Australian Dollar has been on a scintillating run this year, specifically after March 2020. On 8 December 2020, the FX rate on AUD/USD contracts clock...

How are the Aussie and the Kiwi Dollar Looking on the Charts?

AUD/USD: Entering Primary Uptrend Corridor AUD/USD broke out of the downward sloping trendline in the last quarter and is now taking support at USD 0...

How are AUD and Yuan Faring Against the Greenback?

While the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on...

Future for $A in the post COVID-19 Era

2020 has had a profound effect on the world’s economy, whereby most developed countries have experienced negative GDP growth for the first time...

As Canada Props Economy, Loonie Gathers Fragile Strength

Summary The Canadian dollar touched a three-year low against the US dollar in March as the pandemic decimated markets The currency is gently gaini...

Aussie Dollar Under Bull Run- What Are Chartists Looking At?

Summary After a brief period of moving in a downtrend, the home currency has reversed direction with the price now moving and confirming a trend re...