Forex News
By Gertrude Chavez-Dreyfuss NEW YORK – The U.S.
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 foreign… 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… By Ambar Warrick Investing.com– Most Asian currencies crept lower on Monday as concerns over worsening global economic growth kept the dollar close https://www.techspotty.com/dotbig-for-cryptocurrency-trading/ to a 20-year peak, while… Markets will be waiting on pin and needles this week to see which central bank may be the next to intervene. Private sector employment increased by 208,000 jobs in September and annual pay was up 7.8% year-over-year, according to the September ADP® National Employment Report produced by … The New Zealand Dollar gained some traction after the Reserve Bank of New Zealand delivered a 50-basis point rate hike, which was in line with market expectations.
By Tetsushi Kajimoto TOKYO -Japan stands ready to take «decisive» steps in the foreign exchange market if excessive yen moves persist, Finance Minister Shunichi Suzuki… Stay up-to-date on breaking as well as relevant financial developments. 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. 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. Prospects of some coordinated central bank action and the lack of fresh news may encourage short-side profit-taking… Shorting the pound is a strategy that makes profit if the price of the British pound falls.
Forex News
By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday, taking little support from a recent dip in the dollar as fears of rising interest rates and a looming… By Amanda Cooper LONDON – Demand for U.S. dollars in the currency derivative markets DotBig crypto surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil… 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…
The final composite output index fell to a 20-month low of 48.1 in September from 48.9. 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 Forex a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. 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.
What Is Scalping? A Beginners Guide To Scalping Trading Strategies
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 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… Government markets faltered on Tuesday after Chancellor of the Exchequer https://www.forexlive.com/ Kwasi Kwarteng insisted that he won’t present a more… By Yasin Ebrahim Investing.com — The dollar suffered a bruising encounter Tuesday, but its swing lower may come to an abrupt end in the coming days as Friday’s U.S. monthly jobs… 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…
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- A depressed economic outlook is likely to weigh on prices even on a protracted US Dollar pullback.
- ADP said private sector employment surged by 208,000 jobs in September after climbing by an upwardly revised 185,000 jobs in August.
- 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 …
- Bitcoin is testing the longer-term downtrend and unless this can be broken convincingly, a drop back to multi-month support looks increasingly likely.
- 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…
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 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, … This week has kicked off with a violent counter-trend reversal in the big themes from last month, quarter, and the year to date. Major global indices have rallied 5-7% off the weekend lows, the US dollar has dropped nearly 500 pips from last weeks peak against most of its major rivals, and even gold has rallied over 100 points. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
