FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. Yesterday US equity markets built on Monday’s strong gains with yet another day of strength. The S&P 500 opened higher and never turned back closing up +3.1% https://coinpedia.org/forex-trading/dotbig-forex-broker-review/ after hitting lows only as recently as last Friday. So far this week the S&P 500 is up +5.7%, the Dow is up +5.5% and the Russell 2k is up a staggering +6.7% in just two sessions. As has recently been the case after such sharp rallies, US equity futures are trading firmly lower this morning and near overnight lows as equity markets look poised to give up part of yesterday’s gains – S&P 500 futures are currently down -1%.
Softer USD and lower yields support gains while technical levels remain intact. The New York Stock Exchange recently launched the NYSE Institute in support of U.S. NYSE Vice Chairman and newly appointed NYSE Institute President John Tuttle discusses this new initiative and the promise it holds for global policymakers and capital markets in the U.S. and abroad. AUD traders were caught off guard with a smaller than expected rate hike by the RBA, sending AUD lower. Whilst futures markets point towards a retracement against yesterday’s gains across European cash markets, we’re looking for support to hold and break above yesterday’s highs. By Elizabeth Howcroft LONDON – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday,…
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ADP said private sector employment surged by 208,000 jobs in September after climbing by an upwardly https://www.dukascopy.com/swiss/english/forex/trading/ revised 185,000 jobs in August. Another day, another big level gives way for global markets.
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- Another day, another big level gives way for global markets.
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- Yesterday US equity markets built on Monday’s strong gains with yet another day of strength.
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… 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…
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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… The combination of the UK’s mini-budget and general dotbig testimonials flight to the US dollar has sent the pound broadly lower and GBP/USD to a new record 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.
By Amanda Cooper LONDON – Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil… Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking Forex as well as relevant financial developments. With the value of imports showing a notable decrease, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed by more than expected in the month of August. The Commerce Department said the trade deficit narrowed to $67.4 billion in August from a revised $70.5 billion in July. The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September.