AUDUSD Daily Review: Employment figures AUD/USD

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Australia has recently exposed positive employment figures for the month of March. These numbers are better than expected. These are likely to influence the sensitive. These facts highlight the positivity in the economic activities in Australia. Employment Figures: Before the revelation of these employment figures, the anticipated unemployment rate was 5.7%. But the recent  show that the unemployment rate fell from anticipated 5.7% to 5.6%. It is indeed …

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AUD/USD Daily Review : Trade of China Vs Flat AUD

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Chinese Government has revealed its recent reports about its trade. Positive figures of trade of China have put pressure on AUD. The current trading scenario has resulted in the flat trade of AUD. Trade Figures of China: The export of USD has increased by 30.6% year/year. This figure is far less than the anticipated figure of 38.1%. At the same time, the increase in imports spiked up 38.1%. …

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Daily EUR Analysis : Weakness of EUR, will it prevail?

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EUR is struggling to gain ground. But unfortunately it seems that its current weakness of EUR will persist. Almost all its counter-currencies are taking advantage of the weaken state of Euro. The current trade scenario is disappointing the traders of this currency. The worst news is that current trading circumstances do not reflect any hope of rise in the worth of Euro in the near term as well. …

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Forced Trading, Are you doing it?

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Forex Trading is a multi-layered phenomenon. Its vast range of features makes it so appealing. Forced Trading is one of the many aspects of trading. Novice traders often frown at hearing this term. Let’s understand the meaning by this term. Novice Traders & Forced Trading: After the initial and exciting stage of Forex trading, the Novice traders often feel dejected. They feel that the Forex trading is not …

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EURJPY Daily Analysis : Yen is back on Track

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The analysis of the trade of EUR/JPY reflects the strength of Japanese Yen. Recently the EU is facing difficulties in vaccination process against the pandemic. The same process is going on smoothly in USA. However it has become a hurdle in the rising flight of Euro. Thus Euro is the weakling in the trading pair while Yen has an upper hand. Vaccination Process in EU & Rise in …

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Today’s Review: Performance of NZD against CAD

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March proved to be a very disturbing month for NZD. The performance of NZD against CAD was really disappointing in this month. New Zealand Dollar dropped about 5% just in a single month. Thus the month of March totally crushed the expectations of the traders of New Zealand Dollar.  This performance is literally worst in the last couple of years. Performance of USD/CAD: One of the crucial factors …

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New Wave of Virus and Its Impact on Asian pacific region currencies

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Virus continues to stir the Forex market. Current fall in the trade of Asian Pacific region is solely associated with the impacts of renewed lockdowns. Renewed Lock down and wave of virus: Recent renewed lockdown and restrictive measures have questioned the global economic recovery. The trade of this region has to face the brunt of these restrictive measures. Almost all the currencies lost ground against their counter currencies. …

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Review CAD : Vaccination Rollout and Weakness of CAD

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Forex market has witnessed a steady USD while at the same time; market is witnessing the weakness of CAD. The vaccination rollout process is going on at different pace in USA and Canada. The traders of CAD are a bit worried due to the weakness of CAD. But the price of this trading pair of USD/CAD has spiked up 0.66%. The major cause and basis of this jump …

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Trading Trend of USD, Traders Eyeing the FOMC

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The traders are eying the FOMC Meeting. The result and outcomes of FOMC are in spotlight. this meeting will influence the trading trend of different currencies in Forex market. Thus the flow of trade was a bit slow. However the anticipation of FOMC Meeting has spiked up the price of safe-haven. As expected, USD gained as compared to its major counter-currencies. While on the other hand, this wait …

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