
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.041 to close at NT$32.369.
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Dollar is staging a notable rebound as markets transition into US session, though the exact catalyst behind the move is unclear. Part of Dollar’s strength could be attributed to a broad pullback in Euro, as traders begin to take profits after this month’s strong gain. Euro’s retreat is providing the greenback with some temporary relief.
Technical issues that blocked some traders’ access to the foreign exchange trading platform run by the London Stock Exchange Group LSEG have been resolved, the financial technology and data provider said on Thursday. Some customers experienced temporary access disruptions with forex trading in India from 02:15 GMT to 06:26 GMT on Thursday “due to a
The Indian rupee rose on Thursday, aided by dollar sales from foreign banks and the trimming of short bets against it, over a trading session that was impacted by an outage on the London Stock Exchange Group’s (LSEG) foreign exchange trading platform. The rupee closed at 86.9975 against the U.S. dollar, up 0.2% on the
The chaos brought by Donald Trump to the US economy, introducing tariffs on China, Canada, and Mexico, has contributed to the strengthening of the euro, pound, and Swiss franc. The situation remained unchanged even after the release of US inflation data yesterday. According to the published figures, the core consumer price index declined more than
Electronic trading major IG Group Holdings plc (LON:IGG) today issues its revenue update for the three months to 28 February 2025 (“Q3 FY25”), representing the third quarter of the financial year ending 31 May 2025. Total revenue of £268.0 million increased 12% on the year-ago quarter and 10% on the prior quarter. Within this, trading
Keep Day Trading Simple Photo by Kanchanara on Unsplash I’ve always day traded Forex. I have never played with real money when it comes to day trading crypto and for good reason. I do invest in Bitcoin. Every week I will buy between £10/£30 worth of it. I hold this or set and forget about
Created on March 12, 2025 The British pound has been very bullish for some time, and it’s interesting that during the trading session on Tuesday, we’ve seen more of the same, despite the fact that we’ve seen a lot of hesitation recently. That being said, I think we’ve got a situation where the 1.30 level
Created on March 12, 2025 The euro has initially pulled back just a bit against the Japanese yen on Tuesday, only to skyrocket toward the 200-day EMA. This is a pair that I think, given enough time, will probably try to break above the ¥162 level. If it does, that opens up the possibility of
Created on March 13, 2025 The US dollar has drifted a bit lower during the trading session on Wednesday against the Mexican peso as it has basically struggled against quite a few different things. So, with that being said, I think you’ve got a situation where traders are looking at the 20 pesos level as
InvestorWarnings.com has issued a new update on the ForexTime case. People who invested in the scheme can trace their funds here: https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/ Regulatory Warnings Against ForexTime ForexTime (FXTM) is a globally recognized online forex trading platform operating under the Exinity Group. While FXTM is duly regulated in various jurisdictions, investors should be vigilant about unauthorized
Created on March 12, 2025 During the trading session on Tuesday, we have seen even more bullish pressure for the euro, as yields in Germany continue to climb. As long as that is going to be the case, it makes the euro a bit more attractive than the US dollar, which people are starting to
Created on March 12, 2025 The gold market continues to look very strong on Tuesday, as the gold market has been forming a massive bullish flag, which will be catching the attention of most traders. In fact, I suspect that most technical traders are already involved or at least waiting to be so. For what
The USD/JPY forecast shows a pullback in the yen. Trump’s tariff on steel and aluminium imports came into effect on Wednesday. Traders are looking forward to the US CPI report. The USD/JPY forecast shows a pullback in the yen as the focus shifts to the impact of Trump’s tariffs on Japan’s export-reliant economy. At the
Israel business news website themarker.com is reporting that an interesting drama playing out in the courts in Israel will result in the (attempted) sale of FX and CFD broker technology provider Panda Trading Systems to a third party. Israel Judge Dr Muhammad Ali Haifa District Court justice Dr. Muhammad Ali has ruled, following several long
Created on March 12, 2025 Ethereum has been slightly positive once it’s all said and done during the trading session on Tuesday, but it certainly looks like it’s struggling. I look at this chart and I see a lot of misery just waiting to happen, but if you are a longer-term trader, perhaps you’re looking
GBP/USD is showing bullish signs above the 1.2870 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is gaining pace above the 1.2870 zone against the US Dollar. There is a connecting bullish trend line forming with support
Canadian Dollar endured a roller-coaster session overnight, initially hitting turbulence after US President Donald Trump threatened to double tariffs on Canadian steel and aluminum imports to 50%. Markets were rattled by the surprise escalation, which was set to take effect within hours. However, the situation shifted after Ontario Premier Doug Ford agreed to suspend a
Created on March 11, 2025 Bullish view Buy the EUR/USD pair and set a take-profit at 1.100. Add a stop-loss at 1.0700. Timeline: 1-2 days. Bearish view Sell the EUR/USD pair and set a take-profit at 1.0700. Add a stop-loss at 1.100. The EUR/USD exchange rate continued soaring as the US dollar index and American
Created on March 11, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.2700.. Add a stop-loss at 1.3000. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3000. Add a stop-loss at 1.2695. The GBP/USD exchange rate rose to a multi-month high of 1.2925 as the
Created on March 11, 2025 Key Analysis Points: EUR/USD Performance Neutral Around Gains, Awaiting New Catalysts. US Inflation Most Closely Monitored This Week. Effectiveness of European Stimulus Impacts Euro Gains. During last week’s trading, the EUR/USD currency pair jumped from the support level of 1.0388, with gains extending to the resistance level of 1.0888, the