CFD

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...

AUD/USD chart hints further downside?

The Australian Dollar found support following comments from Reserve Bank of Australia (RBA) Governor Michele Bullock, where she reiterated that inflation remains too high to consider interest rate cuts in the near term....

Talk of month end US Dollar selling | FX Research

We're seeing more "sell the fact" action on the Trump trade and hearing a lot of talk about month-end dollar outflows....

Hawkish signals? What drove Kiwi rally?

The New Zealand dollar staged an unexpected rally following the Reserve Bank of New Zealand's (RBNZ) latest interest rate decision. Analysts struggled to pinpoint a definitive hawkish signal in the central bank’s messaging....

Trump tariff news absorbed by the market | FX Research

After absorbing the news of President-elect Trump vowing to impose tariffs on China, Canada, and Mexico, even the Canadian dollar, which slumped to its lowest level since mid-2020 against the buck, has been trying to find some demand....
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