Forex Market News Forex Trading Topics

By John McCrank NEW YORK – The euro dropped more than 1% on Thursday, falling back below parity with the dollar, after the European Central Bank raised interest… By Gertrude Chavez-Dreyfuss NEW YORK – The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered by expectations… dotbig Bears have continued to cover their short bets against the euro, and we also note a pickup of long bets on the relatively bearish euro. The tone set by the removal of forward guidance and the lack of information regarding QT led the markets to believe this was a dovish hike. Will the Fed consider an ECI reading of 1.2% to be “uncomfortably higher”? Also, the Fed’s favorite measure of inflation is back up to levels not seen since March.

Learn how fiat currencies operate and how they compare to other types of money. dotbig sign in Indian shares opened on a positive note Tuesday despite mixed global cues. USD/MXN Stuck in Horizontal Channel, Breakout Could Spark Next Big MoveThe USD/MXN has been trading inside a horizontal channel since the beginning of the month, but a powerful breakout could be just around the corner.

A volatile session for the yen on Friday likely points to a currency intervention from the BOJ or MOF, in an attempt to stop or at least pause the currency’s fast depreciation. Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. USD/JPY may continue to retrace the decline https://addicongroup.com/ from the monthly high (151.94) as the Federal Reserve is expected to maintain its existing approach in combating inflation. It’s Halloween and, clichéd as it is, there is a lot for markets to be scared about. Let’s start off with the optimists, who, like Linus and his never-appearing Great Pumpkin, are …

Price Action Support and Resistance

SHANGHAI/BEIJING – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on Tuesday to prop up the weakening yuan, two… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trading Wednesday, trading near a three-week low, as traders reacted to more U.S. economic weakness as… dotbig investments By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI – China’s digital yuan took the centre stage in the world’s largest cross-border central bank digital currency …

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Gold bulls face uphill task below $1,650, Fed eyed

Over the last 24 hours, ETH has managed to retrace and stay above a crucial support level, making way for another run-up. dotbig.com testimonials Gold price is seeing a tepid bounce, as the Fed meeting gets underway. Bulls are coming up for the last dance, snapping a three-day decline, as the upbeat market mood and position readjustments in the US dollar lend support to the bright metal. Note that the content on this site should not be considered investment advice. dotbig company This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

• USD/MXN Stuck in Horizontal Channel, Breakout Could Spark Next Big MoveThe USD/MXN has been trading inside a horizontal channel since the beginning of the month, but a powerful breakout could be just around the corner.
• €STR futures provide an efficient way to hedge European money market rates, with contracts including €STR 3-Month futures and €STR 3-Month Single Contract Basis Spread futures, …
• As with all such advisory services, past results are never a guarantee of future results.
• Breaking news is defined as new information that has market-moving potential.
• By Tetsushi Kajimoto TOKYO -Japan spent a record $42.8 billion on currency intervention in October to prop up the yen, the finance ministry said, with investors keen for…
• Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity.

The broker proposes multiple different account types that fit the needs of other customers. Uptrend Center ReviewThe Uptrend Center is a brokerage with a web-based trading platform. The brokerage deals with CFDs and offers a minimum deposit of $250. dotbig contacts It has potent DotBig LTD trading conditions wrapped in an accessible and easy-to-use bundle. NZD/USD Outlook Mired by Failure to Clear October Opening RangeNZD/US may struggle to retain the advance from earlier this month if the exchange rate fails to clear the October high (0.5814).

China Caixin / Markit manufacturing PMI due today – preview

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. dotbig review All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. HANOI – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to…

We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. CME Group, the world’s leading derivatives marketplace, today announced the first day of trading of a new suite of overnight index futures based on the Euro Short-Term Rate (€STR). €STR futures provide an efficient way to hedge European https://www.timessquareadcoalition.org/dotbig-ltd-review/ money market rates, with contracts including €STR 3-Month futures and €STR 3-Month Single Contract Basis Spread futures, … US stocks point to a weaker open after strong gains last week as investors question whether the Fed will adopt a softer stance to monetary policy after November. The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.15 percent.

First Data and Bank of America End Their Payments Partnership

By John McCrank NEW YORK – The U.S. dollar sank more than 1% against a basket of peers on Wednesday as weakening economic data firmed views that the Federal Reserve will… dotbig.com By Peter Nurse Investing.com – The US dollar stabilized in early European trading Thursday, after overnight losses, while the euro pushed above parity ahead of an expected jumbo…

Under the direction of the Asian Consultative Council of the BIS, in April 2021 the BIS Representative Office for Asia and the Pacific established a Study Group on "Foreign exchange markets in Asia-Pacific". The Study Group comprises members from the central banks and monetary authorities of Australia, China, Hong Kong SAR, India, Indonesia, Korea, … A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. dotbig forex Learn more about retail sales and how to trade this key economic data. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

The manufacturing sector in Vietnam continued to expand in October, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.6. The information and news provided on MyForexNews.com are solely for reference purposes only. dotbig ltd The completeness, and timeliness of the articles posted here may vary and are not necessarily accurate at all times. The reader is solely responsible for his/her use of such information and trading news and the appropriateness of the same to him/her. FinancialCentre ReviewFinancialCentre is an experienced broker that deals with many asset types and classes.

The Jakarta Composite Index now rests just beneath the 7,100-point plateau although it’s expected to turn lower again on Tuesday. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. DotBig company Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. SHANGHAI/BEIJING -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, three sources…