Forex Market

The US Dollar (USD) recovered from its earlier losses on Thursday, which were mostly on the back of pressures by the rising Euro after the European Central Bank maintained interest rates. The Dollar Index (DXY), which measures the performance of the USD against a basket of six major international currencies, …

The European Central Bank’s (ECB) Governing Council has reportedly agreed that there is no need to overreact to euro gains. To be updated…

The Single currency remains on the positive side after the European Central Bank’s decision to keep interest rates unchanged, which prompted the EUR/USD pair to stay in the 1.1840 area on Thursday. The pair is extending its bullish momentum after touching its weekly lows on Wednesday near 1.1750. The European …

FX option expiries for Sept 10 NY cut at 10:00 Eastern Time, can be found below. – EUR/USD: EUR amounts 1.1700 587m1.1780 1.0bn1.1790 517m1.1800 740m1.1890 789m – GBP/USD: GBP amounts         1.2960 201m1.3090 262m – USD/JPY: USD amounts          105.00 923m105.80 780m105.85 1.1bn106.00 1.9bn106.50 660m106.75 557m107.00 650m107.05 560m107.11 1.2bn – NZD/USD: NZD amounts 0.6600 …

The rise in job openings in the United States did not provide the needed support for the US Dollar (USD) to maintain its rising trend on Wednesday. The Dollar Index (DXY), which measures the performance of the USD against a basket of six major international currencies, is down by 0.19% …

FX option expiries for Sept 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1800 717m1.1840 508m1.1925 773m – USD/JPY: USD amounts          105.40 450m105.45 520m105.50 426m106.25 533m106.50 841m – NZD/USD: NZD amounts 0.6550 203m0.6680 231m

The US Dollar (USD) is maintaining its rising trend on Tuesday, extending its gains further amid the decline in the British Pound (GBP) on Brexit uncertainty and the Euro on the Eurozone’s economic contraction. The Dollar Index (DXY), which measures the performance of the USD against a basket of six …

The Euro (EUR) is maintain its declining trend against the US Dollar (USD) on Tuesday, falling to its lowest level in front of the greenback in about two weeks. The EUR/USD pair is trading lower for the day by 0.29% at 1.1783 after falling as low as low 1.766 at …

Brandon Lewis, UK’s Secretary of State for Northern Ireland, reiterated on Tuesday that they are fully committed to the Northern Ireland protocol and the Withdrawal Agreement. “We have always sought to honour international obligations.”“Overriding need to respect wishes of the Northern Irish public must be kept in mind.”“Our approach guarantees …

In its latest report, the US-based Fitch Ratings reduced its long-term price forecasts for both Brent and West Texas Intermediate (WTI) oil. Key points“The cut in the price forecast is to reflect large underutilized production capacities, the extended period of high oil inventory caused by the coronavirus pandemic, falling upstream …