ForexNews World: News & Guide on Forex, Crypto, Finance & Live Charts

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. dotbig forex 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.

• China’s Caixin manufacturing PMI rose more than expected but remained in contraction territory at 49.2 in October, likely reflecting ongoing economic …
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• €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, …
• 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….
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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 data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. dotbig investments 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 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,…

Undeterred crypto growth

Sysco Corp. reported Tuesday net earnings for the first quarter that increased to $465.57 million or $0.91 per share from $378.01 million or $0.73 per share in the prior-year quarter. dotbig review Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs http://www.logisticsinc.com/ and the 50-day moving average. In this week’s edition, we are getting technical on the USD/CNH, Gold and S&P 500. dotbig testimonials 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.

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… Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. SoFi Technologies stock jetted ahead in Tuesday’s premarket after the neo bank reported the bare minimum of an earnings beat. dotbig website Financial technology company Blucora, Inc. reported Tuesday a net loss for the third quarter that narrowed to $21.84 million or $0.46 per share from $27.80 million or $0.57 per share in the prior-year quarter.

By Ambar Warrick Investing.com– Most Asian currencies moved little on Tuesday as markets hunkered down ahead of several major central bank meetings this week, while the… Crude oil prices fell around 2% on Monday as lockdowns across China ramped up. Traders await inventory data from the EIA ahead of major macro data, including the FOMC rate decision and the US jobs report. French stocks rose sharply on Tuesday and bond yields declined as markets held out hopes that the U.S.

Weekly currency forecast

The Reserve Bank of Australia raised interest rates by 25bp to 2.85%, as expected. China’s Caixin manufacturing PMI rose more than expected but remained in contraction territory at 49.2 in October, likely reflecting ongoing economic … dotbig broker 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…

Federal Reserve will soften its hawkish stance after delivering a widely expected 75-bps rate hike on Wednesday. A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. 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… dotbig.com testimonials Asian equity markets traded higher, led by the rebound in Chinese tech stocks, with the Hang Seng index gaining more than 5%.

Latest News

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". dotbig.com The Study Group comprises members from the https://rspedia.com/broker-dotbig-an-overview-of-an-international-broker/ central banks and monetary authorities of Australia, China, Hong Kong SAR, India, Indonesia, Korea, … Whilst GBP as under pressure from talk of tax hikes, GBP/USD remains above a key support level ahead of today’s ISM and JOLTS job opening reports.

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ForexNews.World delivers real time updated DotBig overview 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. Australia’s central bank raised its benchmark interest rate on Tuesday, for a second consecutive meeting and repeated the guidance that rates will be lifted further based on incoming data. dotbig contacts The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 2.85 percent, the highest since 2013. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making.

Market News

CAD/JPY has defied weaker oil prices, mostly thanks to a weaker yen and higher equity prices ahead of today’s inflation report. Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. dotbig sign in Note that the content on this site should not be considered investment advice. This DotBig.com 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.

All breaking news is rated high , medium , or low depending on the how much it impacted the market. Stocks rallied on Tuesday, with miners leading the surge amid reports that China is looking at ways to exit its zero-COVID policy. 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 https://rspedia.com/broker-dotbig-an-overview-of-an-international-broker/ minister, while the dollar… 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…

The information and news provided on MyForexNews.com are solely for reference purposes only. dotbig 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 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. It has potent trading conditions wrapped in an accessible and easy-to-use bundle.

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.