Latest News — Markets, crypto, forex and trading news See all news
TRADENEWS BD Independent News & Media

Home / Forex

Forex

Canadian Dollar gains as oil prices rebound

USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, which have rebounde…

US Dollar: Long positioning faces FOMC risk – DBS

DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevin Warsh. However, h…

Indonesian Rupiah gains as Fed uncertainty weighs on US Dollar

USD/IDR depreciates after two days of gains, trading around 18,120 during the Asian hours on Wednesday. However, the pair has lost ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (Fed) upcoming po…

Iran's IRGC confirms striking US base in Jordan

In European trade on Wednesday, the Iranian Islamic Revolutionary Guard Corps (IRGC) announces that it fired several ballistic missiles at a United States (US) air base and the military Central Command (CENTCOM) center …

Japanese Yen holds ground despite rising oil prices

USD/JPY loses ground after registering minor gains in the previous day, trading around 163.70 during the Asian hours on Wednesday. The pair may regain ground as the Japanese Yen could come under pressure from rebounding…

UN to hold informal polls for new UN chief from Thursday

Times are not easy for the United Nations. The concept of fostering peace, human rights, and economic development through international law and global cooperation remains as sound as ever. Yet the key players in global …

Japan's Yen sleeps through a regional equity crash

The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme. That extreme is the currency's w…