Win Streak May Continue For South Korea Shares
The South Korean stock market has enjoyed consecut
The post Win Streak May Continue For South Korea Shares appeared first on ForexTV.
The South Korean stock market has enjoyed consecut
The post Win Streak May Continue For South Korea Shares appeared first on ForexTV.
It was revealed Monday that Westpac New Zealand has admitted to misleading 24,621 customers and overcharging them a total of NZ$6.35 million due to systemic failures in delivering advertised discounts and benefits. The admissions were made in civil proceedings brought by the Financial Markets Authority (FMA) in the High Court in Auckland. The issues centred…
Commodity-linked currencies continue to weaken amid rising geopolitical tensions, which are boosting demand for safe-haven assets and increasing volatility across both FX and commodity markets. The US dollar is gaining support from demand for liquid and defensive assets, while currencies sensitive to commodities and global risk appetite remain under pressure. Against this backdrop, AUD/USD and…
The SEK is the best performing G10 currency in the month to date, Rabobank’s FX analyst Jane Foley notes. EUR/SEK hits a fresh 1 year low and bounces back “At the end of last week EUR/SEK hit a fresh 1 year low and has since been bumping along close to the 11.12/11.14 support area. A…
EUR/USD edged higher to 1.1494 last week but lost momentum again. Initial bias stays neutral this week first. Price actions from 1.1572 are seen as a corrective pattern to rally from 1.0716. While rebound from 1.1064 might extend, strong resistance should emerge from 1.1572 to limit upside. On the downside, break of 1.1356 support will…
The GBPUSD market has experienced a moderate upward rebound following an extended downward correction. This appears to be due to the US dollar losing some momentum following hawkish comments from Fed officials, which hinted at a potential 25 basis point rate cut in the next month (December). Let’s delve into the technical details below. Key…
The Indian Rupee recovers after two days of losses, tracking a weaker US Dollar Index. Fresh trade data and easing wholesale inflation support INR sentiment. India’s benchmark Nifty 50 and Sensex indices bounce back strongly. RBI intervention expectations anchor the Rupee despite Middle East hostilities. The Indian Rupee (INR) strengthens against the US Dollar (USD)…