Gold, silver slammed as hawkish Fed repricing reignites dollar upside
Gold and silver had held up surprisingly well against surging US yields. Wednesday’s DXY breakout may have changed that equation.
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Introduction to the financial markets
Financial markets are how people and companies buy and sell assets: shares, indices, currencies, commodities and more.
People have traded financial markets for hundreds of years. They grew out of a practical need: to help people buy and sell things more efficiently, and to help companies that need money to raise it quickly.
What is forex?
The foreign exchange market – also known as forex or FX – is the world’s most traded market.
Forex trading is the buying and selling of global currencies. It’s how individuals, businesses, central banks and governments pay for goods and services in other economies. Whenever you buy a product in another currency, or exchange cash to go on holiday, you’re trading forex.
Tools overview
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Platform comparison
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Latest articles
USD/MXN Forecast: Peso Loses Momentum Ahead of Banxico Decision
Over recent trading sessions, the Mexican peso has started to show signs of losing strength against the U.S. dollar. This can be seen in the performance of USD/MXN, which has gained more than 1.7% over the last three sessions, highlighting the dollar's renewed strength against the peso.
USD/JPY Bulls Continue to Push as Markets ‘Bet Against the House’
USD/JPY is now up by more than 500 pips from the low taken the day that Scott Bessent taunted markets, saying ‘you can bet against me if you want.’
