Trading News & Analysis For Forex, Commodities And Indices

As with all such advisory services, past results are never a guarantee of future results. Scary times in currency markets mean boom times for the bankers that companies turn to in order to manage foreign-exchange risk. “Clients https://techstory.in/dotbig-is-a-worthy-broker-to-cooperate/ really need FX,” said Carlos Fernandez-Aller, who oversees a team of more than 160 as head of FX and emerging-market macro trading at Bank of America Corp. “It has been up in activity which has been very lucky for us,” …

Reserve Bank hikes official cash rate to 3.5% The Reserve Bank has raised the official cash rate by 50 basis points to 3.5%, in line with the expectations of economic https://techstory.in/dotbig-is-a-worthy-broker-to-cooperate/ forecasters. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies.

World Forex News

I’ll bookmark this post and show it to you AFTER the FED raises rates to 4.5%. Breaking news is defined as new information that has market-moving potential. SHANGHAI – China’s yuan is unlikely to continue depreciating rapidly, the state-owned Forex news Securities Times said in a front-page commentary on Thursday, as currencies… By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Pressure on Indonesia’s rupiah is expected to be temporary, a senior Bank Indonesia official said on Thursday,…

• Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
• By Yousef Saba DUBAI – The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping…
• Softer USD and lower yields support gains while technical levels remain intact.
• The dollar nursed its biggest losses for years on Wednesday, after a dovish central bank surprise in Australia had investors wondering whether a peak is in sight for global …
• The ISM said its services PMI edged down to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector.

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Price Action Support And Resistance

The Monetary Policy Committee of the Reserve Bank of New Zealand decided to lift the Official Cash Rate to 3.50 percent from 3.00 percent. FTSE 100 has rebounded off key psychological support as risk appetite turns positive. https://www.plus500.com/en-US/Trading/Forex Softer USD and lower yields support gains while technical levels remain intact. Copper Rebound Chances Fade on Weak Demand and Rising SupplyCopper prices look doomed to continue languishing over the near term.

We are go to source for you to get breaking news stories and in-depth market updates from around the world. The final composite output index fell to a 20-month low of 48.1 in September from 48.9. BANGKOK -Thailand’s central bank has been in the foreign exchange market to reduce currency volatility, the central bank said on Saturday, as the Thai baht currency… 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. None of the blogs or other sources of information is to be considered as constituting a track record.