forex news

The stability of the South African Rand remained unaltered in early Tuesday trading, awaiting pivotal economic indicators. As the clock struck 0615 GMT, the Rand steadfastly held its position at

The Chinese yuan's recent descent has sparked discussions among investors and analysts about the possibility of a strategic depreciation by Chinese authorities. This move could serve dual purposes: easing monetary

In response to the yen's significant decline to its lowest point against the dollar in 34 years, Japan's finance minister has indicated on Wednesday that the nation stands ready to

In a recent turn of events, the Japanese yen plummeted to its weakest point since 1990 during Wednesday's trading session, reaching a level that previously prompted the Japanese government to

DXY: Potential Direction: Bearish Overall momentum of the chart: Bullish Price could potentially make a bearish reaction off pivot and drop to 1st support Pivot: 104.60 Supporting reasons: Acts as

In a recent declaration, Japan's finance minister underscored the government's determination not to dismiss any interventions necessary to manage the yen's fluctuation. This statement arrives as Japan finds itself at

The Japanese yen demonstrated resilience on Tuesday, narrowly avoiding its weakest stance in over three decades, buoyed by continued vocal support from Japanese policymakers. Concurrently, the U.S. dollar experienced a

In Tuesday's European trading session, the U.S. dollar saw a modest downturn, reflecting a period of market recalibration after last week's flurry of central bank activities and in anticipation of

DXY: Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a Bullish bounce off pivot and head towards 1st resistance Pivot: 104.16 Supporting reasons: Acts as

The ruble experienced a significant dip, reaching a one-week nadir beyond 93 against the dollar as markets reopened following a tragic incident near Moscow, despite support from strong oil prices