Copyright © 2024 mydayfinance.com
ADVERTISEMENT
ADVERTISEMENT
News
news:find here forex news,daily forex news,news on forex,trading the forex markets
USD Likely to Trade Within Tight Range, Potential Break Above 7.3100
The US Dollar (USD) is expected to trade within a range of 7.2920 to 7.3060, with a potential break above...
Read moreECB Speakers Highlight Potential Rate Cuts, Data Insights Awaited
Several European Central Bank (ECB) speakers are slated to address today's agenda, with Chief Economist Paul Donoban of UBS Global...
Read moreAUD Strengthens on Higher CPI, RBA’s Inflation Focus
The Australian Dollar (AUD) saw gains following the release of May's Consumer Price Index (CPI), which surpassed expectations, indicating persistent...
Read moreUSD/CAD Faces Resistance Despite Mixed Economic Signals
The USD/CAD pair struggles to gain momentum following a rebound from recent lows, hovering around the mid-1.3600s during the Asian...
Read moreUSD/CHF Climbs Amidst Fed Rate Speculation
During the early European session on Wednesday, USD/CHF continued its upward trajectory, hovering around 0.8960. The rally in the pair...
Read moreAUD Faces Consolidation Amid Range Trading Outlook
According to UOB Group strategists, the Australian Dollar (AUD) is expected to maintain a trading range between 0.6600 and 0.6685...
Read moreINR Faces Pressure Amid Dollar Demand and Market Dynamics
The Indian Rupee (INR) is experiencing downward pressure as demand for the US Dollar strengthens, attributed partly to the expiration...
Read moreUSD/CNH: Break Above 7.3000 Can Eventually Target 7.3100-UOB Group.
Based on the analysis provided by UOB Group analysts, here is a summarized overview of the USD's expected movements: Short-Term...
Read moreGBP Struggles Against USD Amid Anticipation of US Inflation Data
The Pound Sterling (GBP) showed a lackluster performance against the US Dollar (USD) during Wednesday’s London session. The GBP/USD pair’s...
Read moreEUR/USD Declines Below Key Support Amid Eurozone Uncertainty
In Wednesday’s European session, EUR/USD has slipped below the critical support level of 1.0700, reflecting ongoing concerns over the Euro's...
Read moreUSD/CNH: Flat in 7.2750/7.2910 Range
Analysts from UOB Group forecast that the US Dollar (USD) is expected to trade within a sideways range between 7.2750...
Read moreEUR/USD Trades Narrowly Above 1.0700 Amidst Cautious Market Sentiment
The EUR/USD pair started the week on a positive note, bolstered by early gains that carried into Monday's close. However,...
Read moreAUD Gains Supported by RBA’s Hawkish Stance
The Australian Dollar (AUD) saw a modest rise driven by positive developments in Australia's Westpac Consumer Confidence Index and a...
Read moreCanadian CPI Data Release to Impact Market Sentiment and USD/CAD
On Tuesday at 12:30 GMT, Statistics Canada is scheduled to release the highly anticipated Consumer Price Index (CPI) data for...
Read moreGBP Likely to Consolidate Within Narrow Range Amidst Momentum Slowdown
Currency strategists at UOB Group foresee the Pound Sterling (GBP) settling into a tight trading band, with expectations leaning towards...
Read moreEuro Likely to Consolidate Between 1.0670 and 1.0800 Amidst Rebound
Analysts from UOB Group anticipate the Euro (EUR) entering a consolidation phase, with expectations that it will trade within a...
Read moreAUD Expected to Consolidate Within Narrow Range
Analysts at UOB Group foresee the Australian Dollar (AUD) maintaining a consolidative stance, fluctuating between 0.6635 and 0.6675 in the...
Read moreIndian Rupee Strengthens Amidst Global Market Dynamics
On Tuesday, the Indian Rupee (INR) showed resilience, bolstered by a weakening US Dollar (USD) across global markets. Positive inflows...
Read moreUSD/CAD Extends Decline Ahead of Canada’s CPI Data Release
The USD/CAD pair continued its downward trend initiated on June 14, hovering near 1.3650 during Tuesday’s European session. Market focus...
Read moreGBP/USD Remains Subdued Amid Dovish Sentiment and Economic Data
The GBP/USD pair started the week on a muted tone, trading near the 1.2635 area, maintaining proximity to its lowest...
Read moreRecent Posts
What Is a Pound Worth in Dollars?
The exchange rate between the pound and the dollar represents the value of one currency in terms of the other....
What Is the Value of the Pound Against the Dollar?
The value of the pound against the dollar is not static; it fluctuates constantly due to a complex interplay of...
Why Is RBI Important in Banking?
At its core, the RBI is entrusted with the critical task of formulating and implementing monetary policy. By managing key...
What Is US Dollars to Pounds?
In the intricate world of global finance, the exchange rate between the US dollar (USD) and the British pound sterling...
Why Is the Dollar Falling Against the Pound?
The USD and GBP are two of the world's major reserve currencies, with the US boasting the largest economy globally...
What Does Compound Mean?
Compounding is a fundamental financial concept that has the power to transform small, consistent gains into substantial wealth over time....
Why Pound Is Falling?
In the intricate world of global finance, the British pound has been experiencing a notable decline in recent times, captivating...
MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]】