RBI wants to extend forex trading timings to bring more global players


The Reserve Bank of India (RBI) is proposing to increase timings for forex trade to bring in more overseas participants. If timings are extended, Indian trade markets will be able to sync better with ...

FOREX-Dollar dips to one-week low; U.S. inflation rise has little impact


The Fed chief was giving a second day of testimony to members of Congress on Thursday. In mid-morning trading, the dollar index slipped 0.1% to 97.039, after earlier falling to a one-week low. The ...

Forex Daily Recap – Powell Avoided Commenting on Monetary Policy Outlook


Somehow, the actual figures recorded 7.323 million missing estimates. Fiber continued to move south, forming a falling wedge trading pattern. On the formation of such a pattern, traders expected a ...

Forex Daily Recap – Sharp Pullbacks Pushed USD/CNY pair Below 50% Fib Level


This GDP data seemed to help the pair keep the uptrend intact. US Dollar Index The Greenback showcased an overall weak performance on Wednesday's trading session. The downtrend in the US Dollar Index ...

FOREX-Dollar falls to five-day lows after Powell's comments


Uncertainty about the dollar's outlook prompted some investors to unwind short positions against some heavily shorted currencies, such as the Australian dollar, which rose 0.2% in early London trading ...

Non-Farm Payrolls trading: Seven top tips every forex trader needs to know


The US Non-Farm Payrolls is the No. 1 event on the forex calendar. The volatile nature of the reaction requires a special response. Here is what you need to know before jumping on a trade on the first ...

FOREX-Dollar at five-day lows before U.S. inflation data


Uncertainty prompted some investors to unwind short positions against some heavily shorted currencies, such as the Australian dollar, which rose 0.2% in early London trading. Latest positioning data ...

Forex Today: USD extends Powell-led slide; eyes on US CPI, Fedspeak


The sell-off in the US dollar across its main peers continued in Thursday's Asian trading, as the Asian traders reacted to the dovish testimony by the Fed Chair Powell that more than confirmed Fed ...

FOREX-Dollar slammed after Powell's bleak U.S. outlook


In afternoon trading, the dollar index slid 0.4% to 97.097. Against the yen, the dollar fell 0.4% to 108.43, dropping 0.5% against the Swiss franc to 0.9892 franc. The euro, meanwhile, rose 0.4% to $1 ...

How To Make Copy Trading Mutually Beneficial For Both Investors And Managers


However, copy trading adds an additional area of responsibility ... The project initially set a goal to unite all financial markets, and it keeps going its path gathering Forex, crypto, and stock ...

RPT-FOREX-Dollar touches 3-week high before Powell, FOMC minutes


Ahead of Friday's jobs report, speculators shrank their bullish bets on the dollar to their lowest level since July 2018, based on U.S. Commodity Futures Trading Commission data released late on ...

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