What is the Chinese Yuan?: Everything Traders Should Know
WEBFeb 10, 2016 · The Chinese currency used in mainland China is called the Chinese Yuan, or ‘CNY’. Just like the Dollar can be broken down into quarters and dimes, the Yuan can be broken down into smaller ...
Gold Price Forecast: Bullish Breakout Faces First Test - DailyFX
WEBAug 15, 2022 · IG CLIENT SENTIMENT INDEX: GOLD PRICE FORECAST (August 15, 2022) (Chart 4) Gold: Retail trader data shows 79.04% of traders are net-long with the ratio of traders long to short at 3.77 to 1.
Euro Forecast: Time to Turn Bearish on Long-Term EUR/USD
WEBJun 20, 2021 · Last week’s updated Federal Reserve dot plot, suggesting two US interest rate increases in 2023, could be a game-changer for EUR/USD. Strategically, a long-term trend lower may have now begun.
Ethereum 2.0: Switching to Proof-of-Stake (PoS) - DailyFX
WEBJul 15, 2022 · DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Ethereum is transitioning from a proof-of-work (PoW) consensus mechanism to a more eco ...
Dow Jones Technical Forecast: DJI Rebound Faces Downtrend
WEBJul 21, 2022 · Dow Jones technical trade level update – Daily & Intraday Charts. DJI monthly opening-range breakout approaching first test of downtrend resistance. Resistance 32375/441 (key), 33302, 34102/164 ...
Canadian Dollar Forecast: Oil Prices Remain Key Driver - DailyFX
WEBDec 29, 2021 · Canadian Dollar Outlook: The ongoing rebound in crude oil prices has given a lift to the Loonie. CAD/JPY rates have recently traded above their daily 21-EMA, while USD/CAD rates have yet to fall ...
Canadian Dollar Price Forecast: USD/CAD Divergence from USD
WEBAug 25, 2022 · Interestingly – USD/CAD hasn’t quite kept up with that move. At this point, USD/CAD is up a mere 7.83% from that low last May – and the maximum amount that the move has shown was 10.13%, so ...
Gold Falters as US Yields and the DXY Advance, $1900 at Risk
WEBSep 26, 2023 · Gold extended its losses in the European session as US Treasury Yields continued their advance, while the US Dollar holds above the 106.00 handle. The ‘higher for longer narrative’ has gripped ...
Risk Sentiment in Full View as Israel-Iran Conflict is Likely ... - DailyFX
WEBApr 17, 2024 · Risk assets, like the S&P 500, have printed the deepest pullback witnessed throughout the latest bull run as concerns around a broader Middle East conflict build and The Fed appears more likely to ...
US Dollar Forecast: USD Rally to Persist on Upbeat US NFP Report
WEBFeb 26, 2022 · US Dollar Talking Points. The US Dollar Index (DXY) climbed to a fresh yearly high (97.74) as heightening Russia-Ukraine tensions appear to be spurring a flight to safety, and fresh data prints ...