Foreign Exchange Live

   2021-09-23       57        Finance
Rating :
Channel Description : Make the most out of forex market movements
Channel Link : https://www.foreignexchangelive.com
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Title : US Dollar Index Below 200 DMA as Inflation Falls to 7.7%
Description : The US Dollar Index is trading below the 200-DMA at 105.29 on expectations of a fall in rate hikes by the Federal Reserve after inflation hit 7.7% in October. The US Dollar Index fell lower last week as the Fed announced plans to slow down rate hikes. The US annual inflation rate slid to 7.7% […]
Post Date : 12/05/2022
Title : Canadian Dollar Slips To Two-Month Lows as Crude Prices Fall
Description : US Dollar to Canadian Dollar closed at 1.3377 last week, November 25, 2022. The USD/CAD is at two-month lows as crude prices fall in the global market. Canadian Dollar Drops on Low Crude Prices Lower crude prices affect the Canadian currency negatively. Expectations of a price cap on Russian oil from Western countries brought down […]
Post Date : 11/28/2022
Title : Japanese Yen Hits 148.80 in November As Import Costs Rise
Description : The US Dollar to Japanese Yen hits ¥148.80 levels amid increasing import costs and rising food and energy prices in Japan. Weak Japanese Yen Leads to High Import Costs The USD to Japanese Yen drifts towards a two-month low. Trade deficit widens in October as imports increase. Imports have become costly as the supply crisis […]
Post Date : 11/21/2022
Title : FTX CEO Sam Bankman-Fried Files for Bankruptcy Protection
Description : FTX files for bankruptcy protection under Chapter 11, and FTX CEO Sam Bankman-Fried steps down on fund mismanagement leading to a crash in crypto prices. FTX Cryptocurrency Exchange Seeks Bankruptcy Protection FTX CEO Sam Bankman-Fried filed for bankruptcy last week, causing a knee-jerk slip in the crypto market. Though FTX’s valuation was around $32 billion […]
Post Date : 11/14/2022
Title : Australian Dollar to US Dollar Surges 200 Pips on Friday
Description : The Australian Dollar to US Dollar surged almost 200 pips on Friday after the jobs number came better than expected. AUD/USD closed at 0.6466 last week. Australian Dollar has to Break Above the Resistance at 0.65 Levels The AUD/USD closed at 0.6466 last week. The Australian Dollar faced tough resistance at 0.65 levels in October […]
Post Date : 11/14/2022
Title : Sterling Rises as Rishi Sunak Becomes UK Prime Minister
Description : The Sterling surges as the UK gets Rishi Sunak as Prime Minister. It is at a seven-week high of 1.1610, with an optimistic Pound and a falling Dollar. Sterling at Multi-Week High at 1.1610 The British Pound strengthened to close at 1.1610 on Friday, October 28, 2022. The GBP/USD surged to a seven-week high, with […]
Post Date : 10/31/2022
Title : US Dollar Strong But Slips Below 15 DMA
Description : The US Dollar outperforms other assets. The DXY remains strong against other major currencies, especially against the Yen, the British Pound, and the Euro. US Dollar Index Below 112 Levels The US Dollar Index closed at 111.98 on October 21, 2022. The DXY closed below the 15 DMA at 112.265. The greenback has to stay […]
Post Date : 10/24/2022
Title : EUR/GBP at 0.8700 Levels as Energy Crisis Hits Euro Growth
Description : The Euro to British Pound slipped to a two-year low in March 2020 but recovered in 2021 and 2022. The EUR/GBP is currently at 0.8699 on October 14, 2022. EUR/GBP at 0.8699 The EUR/GBP has to move past 0.8700 levels to rally higher. 0.8750 was a firm resistance for the Euro to British Pound in […]
Post Date : 10/17/2022
Title : Chinese Yuan Trades at 14-Year Low at 7.2517
Description : The Chinese Yuan is at a 14-year low against the US Dollar, at levels last seen in 2008. The USD/CNY has weakened against the unstoppable Dollar. The Fed’s aggressive rate hike strengthened the US Dollar and weakened the Chinese Yuan. The near-zero growth rate in China comes after the construction sector fell. The USD/CNY currency […]
Post Date : 10/10/2022
Title : Solana Prices Drop as Network Outage Occurs Again
Description : Solana prices drop as network outage occurs for the fourth time this year. SOL prices have come down 82% in 2022, as high inflation hits the crypto market too. Solana Suffers Major Outage Once Again Solana faced a three-hour outage, and prices slipped 5% in the crypto market on Friday. Investors faced anxious moments as […]
Post Date : 10/04/2022


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