USD/CAD hitting multi-month lows amid USD weakness, soaring oil
Broad US dollar weakness and strong oil continue to undermined the USD/CAD pair.
Aussie targets 200-day average in the current leg higher
The Australian dollar hit the wall of selling orders near September highs. Will it burst through that resistance?
USD/CHF loses 50-day average amid broad USD weakness
The dollar continues to decline, despite soaring rate-hike expectations.
USD/JPY at three-year highs after US jobs market data
Momentum remains bullish and dips are expected to be bought as long as the greenback trades above the 111 level.
EUR/USD holds minor gains after Non-Farm Payrolls
Latest US labor market data failed to spur any significant volatility in the USD, the medium-term downtrend for the pair remains intact.
EUR/JPY struggles to find direction
It looks like the EUR/JPY cross needs some strong impetus to start a new, meaningful trend.
NZD plunges despite a rate hike, hawkish guidance
The Kiwi was hammered today, and the RBNZ failed to help. Will the bearish trend continue?
AUD/JPY trying to start another bullish wave
The AUDJPY cross remained strong despite the recent equity sell-off. Are bulls taking over?
The foreign exchange, also known as forex or FX, is a global market that serves the purpose of exchanging (trading) national currencies against one another (such as EUR/USD, GBP/USD, USD/JPY or USD/CAD). There are many reasons, why individuals and business would want to trade their currency for other currency with examples of commerce, finance or hedging purposes. The vast variety of options that FX trading offers is one of the reasons why the FX market is the most liquid and largest of all trading markets. Within Investro, our goal is to help our readers see how the most liquid and traded pairs such as those mentioned above are being traded and affected by different global macroeconomic events.