Forex Market

On Friday, the Russian ruble fell to its lowest level against the dollar and the euro since April 2022, crossing the 90 ruble barrier against the euro amid a foreign currency crisis and the sale of Western companies in Russia. The ruble fell 1.1% against the dollar to 82.28 by …

On Friday, when markets are closed worldwide for Easter, the official US jobs report will be issued. March nonfarm payroll growth is anticipated to be 240,000. With volatility rising around the NFP publication, trading volume is anticipated to be low. There won’t be much activity before or after. Holidays and …

On Friday, when markets are closed worldwide for Easter, the official US jobs report will be released. The increase in nonfarm payrolls for March is anticipated to be 240,000. The trade volume on Friday is probably going to be thin, with volatility spiking around the NFP report. There won’t be …

Initial Jobless Claims for April 1 increased to 228,000, above projections of 200,000, signaling a softening of the US labour market. Since Wall Street is expected to complete the week with gains, with the exception of the Dow Jones, which fell by 0.02%, the AUD/USD extends its losses to three …

The USD/CAD pair has a tendency to move downward, and the current upswing may reach a ceiling around 1.3568/75. At 1.3705, the cycle high set on December 16, there is still room for USD/CAD to rise.The USD/CAD is making a three-day rebound after plummeting towards 1.3400, but it is still …

Ahead of important US data inputs, the EUR/USD is stagnant. The crucial Nonfarm Payrolls are now the main topic of discussion.In late New York, the EUR/USD is trading at its lowest point of the day amid holiday calm. At hourly resistance, the pair is currently trading at 1.0930. The pair …

The Pound Sterling (GBP) pullback from a 9-month high against the US Dollar (USD) on Tuesday dropped below the 1.2500 figure due to the US dollar’s renewed strength. The US labour market continues to deteriorate, painting a gloomy scenario for the US economy. The GBP/USD is trading at 1.2422 after …

James Bullard, president of the St. Louis Federal Reserve, stated on Thursday that he believes future inflation will be sticky. He believes that present interest rates are at the low end of a properly restrictive range in terms of monetary policy. To bring inflation back on track, he said that …

Despite gloomy US data, the US Dollar rose after two days of significant losses. On Wednesday, bonds increased in value while equities on Wall Street finished neutral. Even though economic data and stock prices are slowing down, the bond market is still warning of an impending recession. From two-month lows, …

Early on Thursday, the USD/CHF pair declines to 0.9060 after an unsuccessful attempt to rebound from the 22-month low set the previous day. As a result, the Swiss Franc pair applauds the US Dollar’s general weakening before significant employment statistics.On Wednesday, the dollar had a corrective rebound as negative US …