Understanding the Global Financial Markets
Forex, Exchange Rates, International Banking, and Secure P2P Transactions
What Is the Forex Market?
Forex is the largest and most liquid financial market in the world.
The Fundamentals of Exchange Rates
Exchange rates express the value of one currency relative to another.
EURUSD Elliott Wave Impulsive Decline Unfolding
The short‑term Elliott Wave outlook for EURUSD indicates that a five‑wave impulsive structure is developing from the August 21, 2026 high. From that peak, wave (i) concluded at 1.1566, followed by a corrective rally in wave (ii) that terminated at 1.1654.
USD/CAD Rally Holds Firm—All Eyes Now Turn to US GDP
The US Dollar gained bullish momentum above 1.3950 against the Canadian Dollar. USD/CAD rallied above the 1.4000 and 1.4120 resistance levels.
![EUR/USD Elliott Wave impulsive decline unfolding [Video]](https://forexnewsapi.snapi.dev/images/v1/a/l/w/eurusd19-213041-325807.jpg)
EUR/USD Elliott Wave impulsive decline unfolding [Video]
EUR/USD Elliott Wave impulsive decline unfolding [Video]
AUD/USD sinks as softer inflation unwinds RBA hike bets
Australia's August inflation report has undershot expectations, adding to the unwind in hawkish RBA pricing that began after Governor Michele Bullock's press conference following the bank's interest rate decision on Tuesday.
NZD/USD pressure mounts as payrolls looms large
The latest hawkish recalibration of the Fed interest rate outlook has weighed heavily on NZD/USD, sending the pair tumbling from the highs hit in late August. It now finds itself dangling just above 0.5639, an important support level that held the last time it was tested in June.
Gold rebounds from eight-week low as traders weigh Fed rate path
Gold rebounds from eight-week low as traders weigh Fed rate path
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