CFD

AUD: Oversold ahead of RBA decision?

This week, the Reserve Bank of Australia (RBA) is holding its final board meeting of the year to decide on the cash rate....

Yen and Aussie slide | FX Research

The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under significant pressure....

Euro reacts to French PM’s budget crisis

The euro remains under strain as French PM Michel Barnier faced a no-confidence vote over a divisive budget plan of tax hikes and spending cuts. The vote closed at 8:20 p.m. local time....

Currencies trying to fight their way back | FX Research

Tension has eased slightly as Tuesday progresses, with currencies regaining some stability against the US dollar. There was strong dollar demand at the start of the week following President-elect Trump's warnings to BRICS nations about adopting an alternative currency to...

USD/JPY: Currency drama unfolds in Asia

The Japanese yen found support today following South Korea's decision to declare martial law, prompting a flight to safety across markets. The South Korean won tumbled to ₩1,444 at one point, its lowest since October 2022 (now trades at ₩1,416)....

Considering the next big upside target for bitcoin | FX Research

When considering trends, it's important to understand that markets tend to move in measured steps. Looking at the Bitcoin chart, the $69,000 high reached in 2021, followed by the low in 2022, represented a move of $53,540....

Powell and jobs: The week ahead

Federal Reserve Chair Jerome Powell’s speech will be a key event this week. Three weeks ago, Powell was grilled about the economic implications of former President Trump's potential return to office, following the Fed's interest rate decision. A continuation of...

Trump threatens BRICS over currency plans

President-elect Donald Trump issued a sharp warning to BRICS nations over the weekend, urging them to "find another sucker" and threatening 100% tariffs on any efforts to create an alternative currency that challenges the U.S. dollar’s status as the world’s...

Thin trading conditions for remainder of week | FX Research

Wednesday's round of pre-holiday U.S. data came in mostly as expected. Overall, this left the market focused on month-end flows, which leaned heavily against the dollar. Broad-based dollar selling was observed, accompanied by a reduction in risk appetite, as reflected...
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