Weekly Forex Forecast – 05/01: (Charts)
Fundamental Analysis & Market Sentiment I wrote on 29th December that the best trade opportunities for the week were likely to be: The weekly loss of 0.79%…
Crude Oil Weekly Forecast -05/01: Speculative Prices (Chart)
Created on January 05, 2025 WTI Crude Oil put in a week of gains and the price of the commodity actually came within eyesight of the 74.000…
EUR/USD Weekly Forecast 06/01 Volumes and Markets (Chart)
Created on January 05, 2025 The EUR/USD went into the weekend near the 1.03080 mark, this briefly testing a low around the 1.02235 ratio on Thursday while…
India’s forex reserves decline for third consecutive month, 12th slump in past 13 weeks
NEW DELHI: India’s foreign exchange reserves have been on a consistent decline for the past three months. As per the latest data from the Reserve Bank of…
Weekly Pairs in Focus – January 5 (Charts)
Created on January 05, 2025 USD/MXN The US dollar has rallied rather significantly against the Mexican peso during the previous week but has given back some of…
Coffee Weekly Forecast -05/01: Trading Traps Ahead (Chart)
Created on January 05, 2025 The past week of trading in Coffee Arabica saw relatively calm highs of nearly 330.90 on Thursday, which were preceded by lows…
India’s forex reserves extend decline, stand at 10% below peak
India’s foreign exchange reserves continue to decline, extending its downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty…
Court remands forex trader over alleged fraud of US$300,000 and GH¢10.4 million
The Accra Circuit Court Nine has remanded 35-year-old trader Benjamin Appiah The Accra Circuit Court Nine has remanded 35-year-old trader Benjamin Appiah Boateng into police custody for…
AUD/USD Weekly Forecast: Neutral Bias Amid Subtle Policy Shifts
The Fed and the Reserve Bank of Australia will remain cautious this year. US unemployment claims unexpectedly fell, indicating a resilient labor market. Business activity in the…
USD/CAD Weekly Forecast: Buyers Lead as Fed to Ease Gradually
The Fed might cut rates only twice this year. Data this week showed an unexpected drop in US unemployment claims. The loonie fell as markets anticipated tariffs…