And that has seen the yuan weaken to 7.2 against the US dollar, a level not seen since 2008. Copper Rebound Chances Fade on Weak Demand and Rising SupplyCopper prices look doomed to continue languishing over the near term. A depressed economic outlook is likely to weigh on prices even on a protracted US Dollar pullback. By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday, taking little support from a recent Forex dip in the dollar as fears of rising interest rates and a looming… SHANGHAI -China’s yuan bounced on Thursday from a 14-year low against the dollar hit in the previous session, snapping eight straight days of losses, after the central… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention by the…
China’s June trade surplus of $41.6bn was the largest since Dec 2017. Consensus is for only a modest pullback in July, to around $39bn, driven by slightly faster import growth (16.5%yr) and a touch slower export growth (10%yr). The RBNZ’s quarterly inflation survey occasionally has an impact on the kiwi (1pmSyd/11am Sing/HK). Experience award-winning platforms with fast, reliable execution Forex news and enjoy tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K). The RBNZ hiked for an eight consecutive meeting to take interest rates to 3.5%. 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.
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All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Gayatri Suroyo https://www.forex.com/ and Stefanno Sulaiman JAKARTA – Pressure on Indonesia’s rupiah is expected to be temporary, a senior Bank Indonesia official said on Thursday,…
Stay up to date with the financial markets everywhere you go. Get expert reaction to latest market news and seize potential opportunities. Trading Triangles in Price Action In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers or sellers . By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the second quarter, with the… KUALA LUMPUR – The weakening Malaysian https://www.btimesonline.com/articles/155982/20220819/forex-broker-dotbig-ltd-online-trading-platform-review.htm ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor… By Alexander Villegas and Natalia A. Ramos Miranda SANTIAGO – Chile’s sliding peso got a shot in the arm in July from a huge $25 billion central bank intervention, but… By Ambar Warrick Investing.com– Most Asian currencies took some relief from a weakening dollar and rose slightly on Tuesday, while the Australian dollar tumbled after the central…
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The combination of the UK’s mini-budget and general flight to the US dollar has sent the pound broadly lower and GBP/USD to a new record DotBig overview low. Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.
- World Forex News delivers real time updated forex news and market research.
- By Elizabeth Howcroft LONDON – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday,…
- By Leika Kihara and Tetsushi Kajimoto TOKYO – Japan spent up to a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up…
- Softer USD and lower yields support gains while technical levels remain intact.
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By Peter Nurse Investing.com – The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally… By Alexander Marrow MOSCOW -The rouble weakened on Friday, giving up huge gains that had seen it soar to an eight-year high against the euro, as investors slashed https://www.btimesonline.com/articles/155982/20220819/forex-broker-dotbig-ltd-online-trading-platform-review.htm foreign… MOSCOW – Russia’s top business lobby called on Friday for the central bank to build up its reserves of the Chinese yuan in a bid to stabilise the rouble, which is… By Marc Jones LONDON -Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency network following an 8-month…