Trading News & Analysis for Forex, Commodities and Indices
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… 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. Cardano shows an interesting situation that presents opportunities regardless of the breakout direction. dotbig website If investors plan to trade ADA, they need a comprehensive understanding of the triggers. dotbig forex Gold turned south in the second half of the day and fell below $1,650, retracing a large part of its daily rally. The benchmark 10-year US Treasury bond yield recovered back above 4% after the latest US data, making it difficult for XAU/USD to preserve its bullish momentum. The number of job openings increased to 10.7 million on the last business day of September, the U.S.
- 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.
- Uptrend Center ReviewThe Uptrend Center is a brokerage with a web-based trading platform.
- Further, the company announced $2.5 billion share buyback, which is intended to be executed prior to announcing its fourth-quarter results.
- Stocks reverse lower after upbeat jobs data and manufacturing data raises doubts over whether the Fed will tone down its aggressively hawkish stance.
- "The October Manufacturing PMI® registered 50.2 percent, 0.7 percentage point lower than the 50.9 percent recorded in September. This …
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… dotbig contacts 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… TOKYO – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency market. 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…
Forex news and analysis
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. dotbig It has potent trading conditions wrapped in an accessible and easy-to-use bundle. USD/MXN Stuck in Horizontal Channel, Breakout Could Spark Next Big MoveThe DotBig broker 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. dotbig ltd 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).
Also, the Fed’s favorite measure of inflation is back up to levels not seen since March.
Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. 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 https://tipsmake.com/overview-of-the-international-online-broker-dotbig hike. Higher US Treasury yields have coincided with declines by US stock markets. The Euro is biding time ahead of Wednesday’s Fed decision and remains stuck below 1.000 after a brief foray higher at the end of last week.
BP Posts RC Profit In Q3, Underlying RC Profit Beats View; Lifts FY22 Production Forecast
By Peter Nurse Investing.com – The U.S. dollar stabilized at lower levels in early European trading Tuesday as traders factored in a potentially less hawkish Federal Reserve,… dotbig broker 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…
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 company 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. The Bank of Canada has raised rates by 50bps vs an expectation of 75bps.
"The October Manufacturing PMI® registered 50.2 percent, 0.7 percentage point lower than the 50.9 percent recorded in September. This … dotbig sign in UPS said Tuesday it plans to hire at least 60,000 of the 100,000+ seasonal employees it needs for the holiday season in one weekend. UPS Brown Friday begins Nov. 4, with more than 450 in-person and virtual events scheduled across the country. dotbig.com The information and news provided on https://kellerlogistics.com/ MyForexNews.com are solely for reference purposes only. 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. dotbig investments FinancialCentre ReviewFinancialCentre is an experienced broker that deals with many asset types and classes.
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In doing so, the central bank said that more rate hikes are yet to come. Leveraged trading in foreign currency or off-exchange products on margin carries significant DotBig overview risk and may not be suitable for all investors. dotbig testimonials We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
Benzinga Announces Exclusive Trading Summit Content Including Education from Peter Schiff,…
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. A report released by the Institute for Supply Management on Tuesday showed a slight increase in U.S. manufacturing activity in the month of October. The ISM said its manufacturing PMI edged down to 50.2 in October from 50.9 in September, but a reading above 50 still indicates growth in the sector. Construction spending in the U.S. unexpectedly showed a modest increase in the month of October, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up by 0.2 percent to an annual rate of $1.811 trillion in September after falling by 0.6 percent to a revised rate of $1.807 trillion in August. 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.
ForexNews.World delivers real time updated https://tipsmake.com/overview-of-the-international-online-broker-dotbig and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies.
Stocks reverse lower after upbeat jobs data and manufacturing data raises doubts over whether the Fed will tone down its aggressively hawkish stance. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. 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. In this week’s edition, we are getting technical on the USD/CNH, Gold and S&P 500. Will the Fed consider an ECI reading of 1.2% to be “uncomfortably higher”?
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