Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone

The EURUSD pair has recently experienced a significant shift in momentum, marking an end to its impressive rally from 1.0761 to a peak of 1.0936. This upward move, which had been the focus of much market attention, appears to have run its course. In a sudden turn of events, the pair has retreated sharply from…

As we approach the close of 2024, it’s time to reflect on results and think of potential opportunities for the year ahead. Join Gary Thomson, the COO of FXOpen UK, as he sums up the key market trends that shaped 2024 and provides insights on what to expect in 2025. Inflation and Interest Rates Forex…

Foreign exchange markets are among the largest and most liquid in the world, with daily turnover exceeding $7 trillion. Yet for businesses and institutions with operational FX needs – paying suppliers, repatriating earnings, funding payroll – conversion remains persistently expensive. Despite decades of electronification, algorithmic execution, and intense competition, these costs endure.  This persistence is…

News regarding the end of the tariff delay for Canada and the announcement of 25% tariffs on cars and other goods from the EU have interrupted the downward correction of the USD. Yesterday, several major currency pairs saw both tests of recent extremes and the formation of reversal patterns. USD/CAD In the USD/CAD pair, the…

The Breakout Probability Indicator MT4 was built to solve exactly that problem. Instead of reacting to every candle that pushes past a level, traders can now see a probability score attached to the move before they commit capital. That one shift in approach changes how entries feel — less impulsive, more calculated. This guide breaks…