World Forex News

By Sinéad Carew and Alun John NEW YORK/LONDON – After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England’s purchase… 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… SHANGHAI https://valiantceo.com/expert-review-of-dotbig/ -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 John Revill ZURICH -The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign currency in market interventions in the second quarter of 2022,…

• By Caroline Valetkevitch and Alun John NEW YORK/LONDON – Sterling jumped against the dollar on Monday after Britain reversed a plan to cut the highest rate of income…
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• If OPEC+ cuts 1,000,000bpd, be careful of a “buy the rumor, sell the fact” trade.
• European shares rose sharply on Tuesday to extend gains from the previous session as weak U.S. manufacturing and construction data released overnight raised hopes for slower Federal Reserve tightening.
• Prospects of some coordinated central bank action and the lack of fresh news may encourage short-side profit-taking…

By Darya Korsunskaya MOSCOW – Russia estimates the new cut-off price for its budget rule that diverts excess oil revenues into its wealth fund at $62-$63 per barrel and… By Laila Bassam, Timour Azhari and Tom Perry BEIRUT – Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with a… SHANGHAI – China’s yuan is unlikely to continue depreciating rapidly, the state-owned DotBig.com Securities Times said in a front-page commentary on Thursday, as currencies… 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 ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor…

European Shares Extend Gains As Treasury Yields Fall

Crude oil prices are extending gains made during Wall Street trading even as the RBA and RBNZ ready higher rates. Speculators grew more bearish https://valiantceo.com/expert-review-of-dotbig/ ahead of a potential OPEC production cut due Wednesday. Note that the content on this site should not be considered investment advice.

All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Gayatri Suroyo Forex and Stefanno Sulaiman JAKARTA – Pressure on Indonesia’s rupiah is expected to be temporary, a senior Bank Indonesia official said on Thursday,…

Markets

The Australian Dollar has dived after the RBA raised the cash rate target by 25 basis points to 2.60%, less than the 50 basis points DotBig review expected. You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

German stocks rallied on Tuesday to extend gains from the previous session as investors scooped up beaten-down shares amid hopes that the U.S. 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. We recommend that https://www.plus500.com/en-US/Trading/Forex you seek independent advice and ensure you fully understand the risks involved before trading. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. European stocks look set to extend gains from the previous session on Tuesday as Treasury yields eased from levels not seen in roughly a decade on expectations for less aggressive action by the U.S.