Tag: forex trading

Manufacturing surveys on Tuesday brought out stark differences in business activity, with expansion in the euro zone and Britain accelerating to the fastest pace in nearly a year while economic data pointed to a cooling in the U.S. Top Forex news: Rand steady, Pound hits highs! Such divergences have become a leading foreign exchange trend,…

Forex news reveals the Rand was steady at its previous close on Wednesday, even though March’s inflation rate fell slightly below forecast, though not enough to meaningfully change an expected trajectory for interest rates. Forex news: Rand holds against USD The rand stopped at 19.0475 rand against the dollar at 1516 GMT and the U.S.…

Forex trading trends reveal how the Japanese yen was near decade lows against a soaring dollar, emphasising the complexity of forex trading in terms of central bank policy and world economic indicators. After Tokyo announced its possible intervention, the central bank governor appeared to support the yen as a response to the Bank of Japan’s…

Latest Forex News – SWIFT bank payments are set for a major shakeup. Meanwhile, the US Dollar and Japanese Yen are in focus for forex traders. Stay ahead in the trading game with the latest Forex news, unveiling groundbreaking trends and insights for savvy investors worldwide. Latest Forex News: Market Snapshot The US stock market…

Forex trading is shaping up to be incredibly popular in March 2024. Central bank decisions, seasonal trends, and geopolitical issues all have the power to drastically alter currency valuations. Now is a great time to be a forex trader. From South Africa’s Rand/ZAR to the US Federal Reserve announcement, Finxocap analyses the Forex market in…

Forex markets are full of volatility in the third week of March 2024. Most of the attention by forex traders was on the Bank of Japan as well as the US Federal Reserve. This article by Finxo Capital takes a look at Forex trends affecting the markets today. Forex markets: Bank of Japan tanks the…

The international market for exchanging foreign currencies is known as foreign exchange trading, or FX for short. Forex trading, the largest market in the world, is influenced by deals that impact everything from the cost of a loaf of bread in South Africa to the price of textiles purchased from China. In this article, Finxocap…