A staff member sorts U.S. dollar bills at Hana Bank’s currency counterfeiting response center in Seoul, July 3. Yonhap Editor’s note This is the second in a three-part series analyzing the reasons behind the won’s recent weakness against the dollar and responses from the Korean government and businesses. — ED. As the won-dollar exchange rate…
After four weeks of genius trading, The Leap Forex Edition has ended. Before the next round kicks off, here’s a look at how the currency markets were traded, where the money went, and who finished on top. 60K+ traders stepped in to test their strategies over the course of the competition. EURUSD led the pack…
Pawoot denies ever being involved in any form of public fraud PUBLISHED : 13 Jul 2026 at 14:36 Impounded luxury vehicles believed purchased with illegal money from conned forex investment victims, at a raided house on June 16. (Photo: DSI) The Department of Special Investigation (DSI) is seeking arrest warrants for 30 suspects in a…
A key level is any price area where price reversed aggressively from, or an area or level that price has been respecting (bouncing off). These levels act like inflection points. We can’t know whether price will break beyond or get rejected, but we do get to see how it reacts at that level, which provides…
Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3500. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3500. Add a stop-loss at 1.3300. The GBP/USD pair pulled back today, June 13, as traders refocused on the upcoming US consumer inflation and…
The cautious range of the USD/MXN suggests a speculative trading atmosphere has developed for its traders, this as technical support and resistance perspectives continue to be highlighted and open the door for opportunistic pursuit for those who practice solid risk-taking tactics and have the desire to wager on the currency pair. The USD/MXN continues to…
After several strongly positive weeks, USD/CAD has stalled over the past few sessions, entering a phase of uncertainty. On the dollar side, Fed Chair Kevin Warsh has struck a firm tone, reaffirming the 2% inflation target and pushing back against political pressure to cut rates, while sticky PCE inflation near 4% keeps hike odds alive…
Silver no longer looks as stable as it did late last week, and that change may carry more weight than the move itself first suggests. What looked like a hesitant pause near a major round number has started to resemble a market that is struggling to keep buyers engaged. That matters because the $60 area…
GBP/USD: Is This Calm Near 1.3500 Hiding a Turning Point in the Trend? GBP/USD is trading within sight of the 1.3500 region, a level that has the potential to act as a medium‑term turning point without yet proving itself as a firm ceiling. At the same time, price is starting to lean on the lower…
AUD/USD: Finding a Bottom at Last? The price of this currency pair has been doing little for several days, just trading within a predictable consolidative band. It looks quiet, but this could be the calm before the storm. This is because both currencies are taking a break from movement, but both could move quite dramatically,…