Trading News & Analysis for Forex, Commodities and Indices

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… dotbig sign in 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…

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• Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.
• 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.
• European markets closed mostly higher on Monday with investors looking to pick up stocks despite weak data on inflation and GDP.
• 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).

Fears of Eurozone recession intensified after record high inflation data, unimpressive GDP figures. Hawkish hopes from ECB fail to defend pair buyers as USD benefits from rush to risk safety. 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 … All breaking news is rated high , medium , or low depending on the how much it impacted the market. The information and news provided on 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.

We also provide educational materials and broker reviews for professional and aspiring traders to up their game. dotbig company However, the outlook for the GBP/USD remains bleak as investors await the FOMC and BOE monetary policy decision this week. dotbig.com BNB is on the move on Monday, oblivious to the upcoming Fed’s meeting on November 2. A 0.75% interest rate hike could mean pressure mounting on the crypto market as investors keep their hands-off riskier assets.

AUD/USD sub-0.6400 ahead of RBA’s announcement

European markets closed mostly higher on Monday with investors looking to pick up stocks despite weak data on inflation and GDP. 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. 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… 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…

Higher US Treasury yields have coincided with declines by US stock markets. dotbig investments Gold price has witnessed a pullback move after dropping to near $1,632 in the early Tokyo session. The confidence seems to be lacking in the pullback move as the overall structure has become weak after the gold price surrendered the critical support of $1,638.00. dotbig website The Chicago Business Barometer, also known as the Chicago PMI, dropped to 45.2 in October from 45.7 in the prior month, according to data released Monday. As Goldman’s Matt Fleury wrote earlier today, since Nick Timiraos, also known as NikiLeaks, tweeted that the Fed was going to slow its pace of hiking last Friday…

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 U.S. dollar firmed against is major counterparts on Monday with traders betting on aggressive policy tightening by the Federal Reserve to fight inflation. 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,… SHANGHAI/BEIJING – Major Chinese state-owned banks sold U.S. dollars in both DotBig.com 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… By John McCrank NEW YORK -The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among other major central banks and stuck with… dotbig contacts CAD/JPY has defied weaker oil prices, mostly thanks to a weaker yen and higher equity prices ahead of today’s inflation report.

Bad day for US Data sends US Dollar plunging

We have had one of the largest bouts of financial conditions easing this century. dotbig review But, according to the Goldman trader, in the latest series of NikiLeaks tweets this morning, the WSJ’s Fed … A fiat currency is any monetary instrument https://startup.info/dotbig-ltd-honest-review/ backed by a national government. Learn how fiat currencies operate and how they compare to other types of money. FinancialCentre ReviewFinancialCentre is an experienced broker that deals with many asset types and classes.

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… 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… By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global… 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… dotbig broker 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. Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. dotbig EUR/USD began the week on the negative side, holding lower ground near one-week bottom of late.

Currency pair of the week: GBP/USD

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 https://kempton-park.infoisinfo.co.za/search/logistics the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. 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… 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,…

EURUSD price action keeps the sellers in control.

A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. dotbig ltd Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. 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.

By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Friday ahead of the release of key inflation data, while the Japanese yen edged lower after the… 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. dotbig.com testimonials 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.

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