Archive for Tag: forex market tips

canadian dollar

Canadian dollar hits 2-month low as Russia attacks Ukraine

USD/CAD is trading up 0.04% at 1.2817 The Canadian dollar weakened to its lowest level since December against its U.S. counterpart on Thursday as Russia’s invasion of Ukraine triggered a flight to safety in global financial markets. Stock markets globally slumped and the safe-haven U.S. dollar rallied after the...

Read More
CAD/JPY trading

Japan’s yen back in favour as a funding currency, but with more risks

CAD/JPY is trading up 0.39% at 91.214 As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world’s most popular funding currency. The trade comes with risks though, given the yen could revert to being a...

Read More

What Timeframe is best for you to understand market trends?

Intraday ChartThis chart is used to plot price movements during a trading session. It would consist of all the data points between a market opening and closing. Intraday charts give you a detailed picture of the day’s movement. These charts can be used to view a single day’s movement from...

Read More