Forex trading is a global market where South African investors can find big financial chances. It lets people trade currencies worldwide. This can lead to profits through smart currency trades. The foreign exchange market never stops working. It offers great chances for South African investors looking for new ways to invest. Trading currencies lets people
Month: June 2025
Two major cryptocurrency firms are about to get EU-wide licences under the bloc’s new Markets in Cryptocurrency-Assets (MiCA) rules. But the approvals are already creating tension among regulators. MiCA, which came into effect earlier this year, lets any EU country approve a cryptocurrency company to operate in all 27 member states, Reuters reports. That structure
The USDCAD is pushing to fresh lows as safe-haven demand for the U.S. dollar fades and rising oil prices provide a tailwind for the Canadian dollar. From a technical standpoint, the pair has broken below the prior low for the year, reaching 1.3574—its lowest level since early October 2024. The drop took the price beneath
Early in the American session, the euro is trading around 1.1499, retreating after reaching its highest level last seen in 2021 around 1.1630. It would be prudent to buy the EUR/USD pair around 1.1491, as this level coincides with the 7/8 Murray and 21 SMA, which could offer a technical rebound in the coming hours.
The crypto revolution is gradually growing bigger with new crypto assets and technological advancements making a huge impact. There was a time when cryptocurrencies were a niche topic for tech experts. In 2025, cryptocurrencies are a topic for mainstream discussions everywhere, from board rooms to dining tables. Do you want to learn everything about cryptocurrencies
The Circle IPO cryptocurrency market debut saw share value rise 168% on June 5 to close at $83.23, above the $31 offering price. The performance indicates renewed institutional interest in cryptocurrency infrastructure companies, marking the first major cryptocurrency public offering since Coinbase’s 2021 listing. Circle Internet Group’s $1.05 billion initial public offering represents validation that
The USD/NGN exchange rate currently hovers around 1,555 naira per US dollar, with the USD having gained close to 5% against the Nigeria Naira over the past 12 months. The year-to-date performance reveals a 1.16% increase, indicating a general strengthening of the US dollar against the naira, albeit with significant peaks and troughs, including the
The USD/NGN exchange rate currently hovers around 1,555 naira per US dollar, with the USD having gained close to 5% against the Nigeria Naira over the past 12 months. The year-to-date performance reveals a 1.16% increase, indicating a general strengthening of the US dollar against the naira, albeit with significant peaks and troughs, including the
The GBP/INR exchange rate is currently perched at a significant juncture, trading at ₹116.311 as of June 5. This level represents a multi-month high and reflects a robust 8.2% gain for the British Pound against the Indian Rupee year-to-date. The pair has demonstrated a clear upward trajectory, advancing approximately 1% over the past week alone,
The GBP/INR exchange rate is currently perched at a significant juncture, trading at ₹116.311 as of June 5. This level represents a multi-month high and reflects a robust 8.2% gain for the British Pound against the Indian Rupee year-to-date. The pair has demonstrated a clear upward trajectory, advancing approximately 1% over the past week alone,
The Japanese Yen has recently experienced a notable resurgence against the US Dollar, a move propelled by a confluence of factors ranging from evolving Bank of Japan (BoJ) policy expectations to global risk sentiment. The USD/JPY exchange rate today has risen to 143.272, yet recent trends are undeniably bearish on USD. While the pair has
The Japanese Yen has recently experienced a notable resurgence against the US Dollar, a move propelled by a confluence of factors ranging from evolving Bank of Japan (BoJ) policy expectations to global risk sentiment. The USD/JPY exchange rate today has risen to 143.272, yet recent trends are undeniably bearish on USD. While the pair has
Forex markets in May 2025 were largely defined by the ongoing saga surrounding US trade policies and their impact on the dollar. The USD itself began to show some strength before more recently pulling back, with a US trade court initially ruling against President Trump’s tariffs. While they have been temporarily reinstated in light of
Forex markets in May 2025 were largely defined by the ongoing saga surrounding US trade policies and their impact on the dollar. The USD itself began to show some strength before more recently pulling back, with a US trade court initially ruling against President Trump’s tariffs. While they have been temporarily reinstated in light of