GUTA President, Dir Joseph Obeng The Ghana Union of Traders’ Associations (GUTA) has commended the Governor of the Bank of Ghana and his team for the measures put in place, which have led to the Cedi gaining strength against major trading currencies. According to GUTA, this positive trend has brought a level of respite and

Today’s Gold Analysis Overview: Overall Trend for Gold: Bullish. Today’s Gold Support Levels: $3360 – $3320 – $3280 per ounce. Today’s Gold Resistance Levels: $3430 – $3470 – $3530 per ounce. Today’s gold trading signals update: Sell gold from the resistance level of $3470 with a target of $3340 and a stop-loss at $3520. Buy

EUR/USD Analysis Summary Today Overall Trend: Neutral stance with an upward bias. Today’s Euro/Dollar Support Levels: 1.1300 – 1.1240 – 1.1150. Today’s Euro/Dollar Resistance Levels: 1.1385 – 1.1430 -1.1500. EUR/USD Trading Signals: Buy EUR/USD from the support level of 1.1255 with a target of 1.1400 and a stop-loss at 1.1160. Sell EUR/USD from the resistance

Bearish view Sell the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6600. Timeline: 1-2 days. Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6400. The AUD/USD pair rallied and reached its highest level since December 2 after a report showed that US

Key points: Dollar jumps ahead of Fed Powell’s tone in focus Volatility expected — prepare! Forex traders are bracing for volatility on Wednesday when the Fed’s Jay Powell unveils the interest rate decision. 💸 Dollar Rebounds as Powell Gets Ready The USDJPY pair perked up early Wednesday, on track to shake off a three-day losing

Bullish view Buy the GBP/USD pair and set a take-profit at 1.3450. Add a stop-loss at 1.3240. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3250. Add a stop-loss at 1.3450. The GBP/USD exchange rate held steady this week after the UK reached a deal between the United Kingdom

Categorised: Channels, The Stream, Top Story | Tags: benchmark, execution costs, FIX, FX, hedging, information leakage, market impact, methodology, Siren FX, WMPosted by Colin Lambert. Last updated: May 7, 2025 Execution costs from using a shorter fixing window rose at the end of what was a busy month in FX markets, with the potential savings

The rupee depreciated 31 paise to 84.66 against the US dollar in early trade on Wednesday, after India’s military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir increased cross-border tensions. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir including the Jaish-e-Mohammad stronghold of

Daily Pivots: (S1) 1.1285; (P) 1.1324; (R1) 1.1354; More… Intraday bias in EUR/USD stays neutral as range trading continues above 1.1265. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short term top. But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039. On the upside, break of

The British Pound initially rallied during the trading session on Monday, but you can see that we have sold off since then. That being said, it’s no surprise given the circumstances—markets are bracing for Wednesday’s FOMC meeting, which will heavily impact the US dollar, followed by the Bank of England’s interest rate decision on Thursday,

Daily Pivots: (S1) 1.1285; (P) 1.1324; (R1) 1.1354; More… No change in EUR/USD’s outlook as range trading continues. Intraday bias stays neutral at this point. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short term top. But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039. On

Finding quality trade setups has been challenging since mid-April, with the forex market mostly sideways. That said, the Japanese yen shows a high-time-frame breakout. This isn’t any ordinary breakout, as the trend line below extends back to the 2020 high, making it a five-year level. Last month, the yen closed above this trend line for

Equity traders have a significant toolkit to hedge FX risk, but which strategies are proving optimum for managing currency exposure? Gill Wadsworth reports. The great migration of equity allocations across borders has been in evidence for decades. Investors cognisant of the risks of having too many of their eggs in a domestic basket have long

Today’s Gold Analysis Overview: The overall Gold Trend: Upward Today’s Gold Support Points: $3,320 – $3,280 – $3,240 per ounce. Today’s Gold Resistance Points: $3,380 – $3,420 – $3,480 per ounce. Today’s gold trading signals update: Sell gold from the resistance level of $3400 with a target of $3200 and a stop-loss at $3440. Buy

The EUR/USD price analysis indicates renewed dollar weakness. Trump announced a new 100% tariff on films produced outside the US. Data on Monday showed further expansion in the US services sector. The EUR/USD price analysis indicates renewed euro strength as US tariff uncertainty weighs on the dollar. It has become clear that Trump is unwilling

CryptoQuant’s Bitcoin composite index shows that BTC is in shape for the next rally, signaling a potential price surge. Bull flag pattern breakout suggests BTC could hit $171,000 with RSI supporting upside. Bitcoin Price “Warming Up” for the Next Rally Bitcoin is continuing a steady upward trend that has defined its recent price action, drawing

InvestorWarnings.com has issued a new update on the TP Global Operations (TP Global FX) case. Trace Your Lost Funds Here: https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/ Regulatory Warnings Against TP Global Operations (TP Global FX) TP Global FX, also known as TP Global Services Limited, has come under intense scrutiny from regulatory authorities worldwide due to allegations of unauthorized forex

The US dollar has been somewhat positive in the early hours of Friday against the Mexican peso. And then basically just sat there. We are sitting just below the crucial 200 day EMA and that of course will attract a lot of attention. So, it’ll be interesting to see if we can break back above

During the trading session on Friday, we have seen the Australian dollar rally again, but we are starting to see a little bit of hesitation. It looks as if we are trying to do everything we can to break out, but keep in mind that the market is struggling a bit to hang on to