Forex

29 August 2024
Aussie targets $0.6871 on strong inflation data; kiwi gains on confidence boost

Key points: AUDUSD holds near $0.6793, with support at $0.6759 and a target at $0.6871. NZDUSD rises to $0.6286, eyeing the next target at $0.6370, supported by a +23 point surge in business confidence. The Australian and New Zealand dollars …

27 August 2024
Japanese yen slips as the U.S. dollar rebounds

The Japanese yen falls back, retreating from a three-week high as the U.S. dollar regains ground. Explore the factors influencing the movement of JPY and the potential trading opportunities ahead. -vtmarkets.com

27 August 2024
EURUSD hits a new high for the first time in 2024

The euro hits a new high for 2024 as the U.S. dollar falters following dovish remarks from the Federal Reserve. Explore the implications for forex traders and the market outlook. -vtmarkets.com

27 August 2024
Aussie rally pauses before key inflation data release

The Australian dollar took a breather on Tuesday, holding steady at $0.6773 after retreating from its 2024 high of $0.6798. This pause comes as traders await the release of July’s domestic inflation data, which is expected to have a notable …

23 August 2024
Dollar steady as markets brace for Powell; BOJ’s Ueda aims to stabilise yen

The U.S. dollar held steady on Friday as the market’s focus turned to Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.

22 August 2024
GBPUSD rises to 2024 high on positive data and dollar weakness

GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.

22 August 2024
Rupee under pressure despite dovish Fed minutes; downside bias persists

The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to …

22 August 2024
Rupee stabilises on U.S. dollar weakness and hedging by importers

Key Points: The Indian rupee is expected to open flat against the U.S. dollar, following its best day in nearly two months as the dollar index remains near its lowest level of the year. Importers are likely to take advantage …

20 August 2024
Japanese yen gains strength on Fed rate cut expectations

The JPY gains strength against the U.S. dollar, supported by expectations of a Fed rate cut and robust Japanese economic data. Read more for insights on the monetary policy of BoJ.

19 August 2024
New Zealand dollar extends rebound on Fed rate cut expectations

The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.

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