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Forex Market News by FOREXer
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Euro Continues Upward Grind
The Euro showed some strength in Monday's trading session as it continued its upward momentum against the US dollar.
April 24, 2023
2023.04.24
ETH Price Pullback Projection
ETH experienced a 0.69% drop in value on Sunday.
April 24, 2023
2023.04.24
Gold struggles ahead of US data
Gold's price has been facing difficulty in staying above the $2000 mark, with all eyes on the US PCE price index and GDP data.
April 24, 2023
2023.04.24
April week 3, Looking Back and Looking Forward
Take a look at what happened to financial markets on the third week of April.
April 23, 2023
2023.04.23
Experts Predict Gold Price Dip Ahead of US Fed Meeting
Gold prices are expected to experience a dip ahead of the US Fed meeting scheduled for May 2023.
April 21, 2023
2023.04.21
UK Retail Sales Figures and Forecast for GBPUSD
The UK session is starting with the release of retail sales figures, which, if they show a jump, could force the BoE to take a more aggressive monetary policy stance.
April 21, 2023
2023.04.21
USDJPY rally loses momentum near the 135.00 mark
The USD/JPY pair encountered selling pressure after touching monthly highs above the 135.00 barrier,
April 20, 2023
2023.04.20
Oil Correction Continues Gap Filling Possible
Oil prices have continued their downward trend following a 2% drop on Wednesday
April 20, 2023
2023.04.20
Gold Prices Tumble More Than 1% on Higher Yields and Dollar
Gold prices fell by more than 1% on Wednesday due to higher U.S. yields and a stronger dollar.
April 19, 2023
2023.04.19
EURGBP Surges on ECB Rate Hike Expectations
In the Tokyo session, the EUR/GBP pair surged to a fresh day high above the critical resistance level of 0.8830.
April 19, 2023
2023.04.19
Bitcoin Price Recovers Above $30,000
Bitcoin has managed to restore its price above $30,000, trading 2.56% up at $30,234 with a market cap of $585 billion.
April 19, 2023
2023.04.19
Ethereum Staking Deposits Surpass Withdrawals
Ethereum staking is experiencing a surge in deposits as they now outnumber withdrawals.
April 19, 2023
2023.04.19
EURUSD Nudges Higher After Recent Dip
After falling by around 170 pips over the last two days, the EUR/USD pair is now pushing higher and eyeing a re-test of the 1.1000 level.
April 18, 2023
2023.04.18
Gold Price Rebounded on Tuesday
Gold prices rebounded on Tuesday after two consecutive days of losses.
April 18, 2023
2023.04.18
Oil Prices Rise Slightly on Chinese Demand Outlook
Oil prices saw a small increase on Tuesday, with Brent crude climbing 34 cents to $85.10 a barrel.
April 18, 2023
2023.04.18
GBPUSD Rangebound Amid Upbeat UK Forecasts
GBP/USD exchange rate remains rangebound as of today, with the possibility of a 25bps rate hike.
April 17, 2023
2023.04.17
Musk's disclosure sank Bitcoin and Dogecoin over US Twitter DM access
Elon Musk shocked the crypto community with his revelation that various US government agencies had full access to everything that was going on at Twitter, including DMs.
April 17, 2023
2023.04.17
USDCNY Drifts Upwards as China GDP Data Looms
The USDCNY pair has increased on Monday as investors anticipate the upcoming China GDP data scheduled for release on Tuesday.
April 17, 2023
2023.04.17
Gold struggles above 2000 dollars
The price of gold, represented by XAU/USD, is facing resistance above $2,000.
April 17, 2023
2023.04.17
April week 2, Looking Back and Looking Forward
Take a look at what happened to financial markets on the second week of April.
April 15, 2023
2023.04.15
Oil prices hold on to gains after two day rally
Oil prices continued their upward trajectory on Thursday, following a two-day rally.
April 13, 2023
2023.04.13
USDJPY Trades Sideways around 133.20.
USD/JPY remained relatively unchanged in early European trading on Thursday at around 133.20.
April 13, 2023
2023.04.13
Gold Prices Struggle to Break Resistance at $2,020.
Gold prices have reached a significant resistance level of $2,020 during the Tokyo trading session but have encountered resistance in their upward momentum.
April 13, 2023
2023.04.13
Ethereum's Burning of ETH Reaches $5.5 Billion per Year Ahead of Shapella Upgrade
Ethereum Improvement Proposal 1559 was implemented 613 days ago to burn a portion of the fees generated through transactions.
April 11, 2023
2023.04.11
Analyst Predicts Bearish Future for Gold
The outlook for gold prices in the future is unfavorable, and investors should consider reducing their positions in assets that track the yellow metal's price action.
April 11, 2023
2023.04.11
EURUSD Reclaims 1.0900 Level on Turnaround Tuesday
The EUR/USD pair is currently looking at data and the US dollar as key factors for its next move.
April 11, 2023
2023.04.11
Oil Rises on US Stockpile Expectations and Strong Demand
Oil prices climbed on Tuesday, supported by expectations that U.S. crude inventories may drop and signs of robust demand in emerging markets.
April 11, 2023
2023.04.11
XAUUSD trims losses on Easter Monday
Gold price (XAU/USD) bounces off the 200-bar EMA but is under slight selling pressure on Easter Monday, as the bullion tries to hold above $1,995.
April 10, 2023
2023.04.10
Bitcoin Sets New Record for Wallet Holders
Bitcoin has experienced a significant price increase of 70% since the beginning of the year, and this growth trend shows no signs of slowing down.
April 10, 2023
2023.04.10
Chris Burniske Predicts Ethereum Could Reach $10K by 2025
Chris Burniske, Partner at venture capital firm Placeholder, made a bold prediction about the future of Ethereum in a tweet to his more than 258,000 followers on Sunday.
April 10, 2023
2023.04.10
Gold Prices in Dubai Experience Significant Drop See the most recent rates
On Monday, April 10, during the morning trading session, the price of gold in Dubai dropped by more than 58 Dirhams for an ounce.
April 10, 2023
2023.04.10
Prediction for the USDJPY Upward on Good US Employment Statistics
The employment statistics for March showed the job market remains tight, but was mostly in line with market expectations, which led to an increase in U.S. Treasury yields on Friday.
April 9, 2023
2023.04.09
EURUSD Prediction Present Price Action is Not Attractive
During the first quarter of 2023, the euro rose against the dollar and temporarily to its highest level since April 2022 in early February.
April 9, 2023
2023.04.09
Arkansas Legislature Passes Bill to Regulate BTC Mining
After passing in both the House of Representatives and the Senate, a bill aiming to control Bitcoin mining activities in the state of Arkansas is now headed to the governor's office for approval.
April 9, 2023
2023.04.09
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