Latest Updates

USD/JPY: Upside momentum improves – UOB

“Our expectation for USD to ‘trade sideways between 109.95 and 110.40’ was incorrect as it rose to 110.58 before settling on a firm note at 110.54 (+0.36%). Upward momentum has improved, albeit not by much. For today, there is scope USD to move to 110.70 but . . . Read More »

USD/CHF consolidates in a range below 0.9200 mark

The USD/CHF pair seesawed between tepid gains/minor losses through the early European session and was last seen trading with modest losses, around the 0.9180-75 region. Having struggled to find acceptance above the 0.9200 mark on Friday, the USD/CHF pair witnessed . . . Read More »

Dollar Edges Lower; Fed Meeting, GDP Data Due This Week

The dollar edged lower in early European trading Monday, but remained at elevated levels ahead of this week’s important policy meeting by the U.S. Federal Reserve. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six othe . . . Read More »

Dollar dips ahead of Fed meeting, cryptocurrencies jump

he dollar slipped against a basket of currencies on Thursday as investor focus turned to this week’s Federal Reserve meeting, while cryptocurrencies jumped to their highest levels in weeks. The euro ticked 0.3% higher to $1.1797 ahead of Ifo’s business . . . Read More »

FCA Crypto Seizures, Plus500 Revenue, BTC Whales, Buy XRP?: Editor’s Pick

ICYMI: the biggest news stories of the week. It’s that time of the week where we take a look back at the news stories that dominated the worlds of Forex, Fintech, and Crypto, in our best of the week segment. Ethereum Wallet Transfers 40,000 ETH from Gemini The t . . . Read More »