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EUR/USD remains conflicted as declining economic growth couples with rampant inflation to further thwart matters for the ECB.

This website is free for you to use but we may receive commission from the companies we feature on this site. After the ECB and BOJ meetings last week, the focus has shifted back to the US where FOMC meeting concludes in the middle of the week and the October employment report is out ahead of the weekend. Sterling and the yen are the weakest performers among the G10 currencies DotBig review and are off 0.45%-0.50%. MOSCOW – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable month-end tax payments period drew close, while investors… dotbig company SHANGHAI – The yuan briefly touched a 1-1/2-week high against the dollar before giving back all the gains by midday on Thursday as Chinese cities tightened curbs against…

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The Bank of Canada has raised rates by 50bps vs an expectation of 75bps. In doing so, the central bank said that more rate hikes are yet to come.

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… By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Monday at the start of a pivotal week which includes several central bank policy-setting… A carry trade is a trading strategy that involves borrowing a low-yield currency and investing in a high-yielding asset to exploit the interest rate differential. Carry trades are most common in forex trading with traders borrowing the low interest Japanese yen to buy higher interest currencies. Learn what currency pairs work best and how to execute the strategy yourself in our full guide. dotbig ltd The AUD/USD price pulled back slightly ahead of the upcoming interest rate decision by the Reserve Bank of Australia . It slipped to a low of 0.6385, which was about 2% below the highest point last week, RBA interest rate decision The RBA will conclude its two-day meeting on Tuesday and deliver its highly-anticipated decision.

• The dollar firmed on Monday after strong consumer spending data pointed to persistent underlying inflation pressure, cooling bets that the US Federal Reserve could flag a slowdown …
• By Tetsushi Kajimoto TOKYO -Japan spent a record $42.8 billion on currency intervention this month to prop up the yen, the finance ministry said, with investors keen for…
• Inflation accelerated to a record 10.7 percent in October from 9.9 percent in the previous month, flash data from Eurostat showed Monday.
• In doing so, the central bank said that more rate hikes are yet to come.
• 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.

By John McCrank NEW YORK – Sterling rallied to a six-week high on Tuesday on improved risk sentiment as Rishi Sunak became Britain’s prime minister, while the dollar… MOSCOW -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to the central bank’s decision to leave interest rates…

ForexNews.World delivers real time updated https://www.buzrush.com/dotbig-forex-broker-review-interesting-facts/ and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies. We are go to source for you to get breaking news stories and in-depth market updates from around the world. The Switzerland stock market ended on a firm note on Monday, tracking gains in other markets in Europe, despite worries about rising inflation and looming rate hikes. MyForexNews.com brings the freshest and most relevant financial market news. We also provide educational materials and broker reviews for professional and aspiring traders to up their game.

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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 … dotbig broker BRASILIA – Brazil’s central bank on Thursday said it would hold auctions starting on Friday to roll over $15.1 billion in traditional currency swaps maturing on Dec…. By Tetsushi Kajimoto TOKYO -Japan spent a record $42.8 billion on currency intervention this month to prop up the yen, the finance ministry said, with investors keen for… Stay up-to-date on breaking forex news as well as relevant financial developments. Note that the content on this site should not be considered investment advice. 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.

€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, … dotbig 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…

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… By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday as investors locked in profits from a recent rally, while the dollar was pinned near one-month lows as… 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…

Forex-Dollar Dips Further as Fed Doubts Resurface

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. 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. Gold fell to $1,633.37 at the beginning of the week as a dismal market mood fueled demand for the dollar. dotbig testimonials XAUUSD aims to extend its slump towards the year low at $1,614.81 a troy ounce. Euro area annual inflation is expected to be 10.7% in October 2022, up from 9.9% in September according to a flash estimate from Eurostat, the statistical office of the European … EURUSD has been losing ground since the beginning of the year, creating a clear structure of lower highs and lower lows. dotbig.com Although the pair managed to cross above both its descending channel and the 50-day simple moving average , it quickly retraced lower slightly below parity.

European Stocks Close Higher Despite Weak Economic Data

By Ambar Warrick Investing.com– Most Asian currencies retreated on Monday as weak Chinese economic data weighed on sentiment, while markets hunkered down ahead of a Federal… 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. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

The broker proposes multiple different account types that fit the needs of other customers. 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). 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 https://www.stgusa.com/ data provider. dotbig website All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Leika Kihara and Yoshifumi Takemoto TOKYO – Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out… BENGALURU – The Reserve Bank of India will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on Nov. 1, it said on Monday,…

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We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Judging by recent comments, it’s increasingly clear that the Bank of England is uncomfortable with the amount of tightening priced into financial markets over coming months. 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. After opening on a weak note, the Canadian market recovered and moved into positive territory Monday morning, thanks to strong buying in energy and healthcare stocks. However, with stocks failing to find support at higher levels, the market subsequently slipped marginally into the red. The U.S. dollar firmed against is major counterparts on Monday with traders betting on aggressive policy tightening by the Federal Reserve to fight inflation. 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.