Forex Market News

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected DotBig review by external factors such as financial, regulatory or political events. By Ambar Warrick– Most Asian currencies retreated on Thursday, while the dollar recovered from recent losses as focus turned to upcoming CPI inflation data that is…

forex news

SHANGHAI – China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening trend will not change, a state-run media outlet said on… NEW YORK – Speculators‘ net long bets on the U.S. dollar fell in the latest week to the smallest position in more than a year, according to calculations by Reuters and… US Dollar May Rise Against the Chinese Yuan, but USD/CNH First Needs to Find SupportThe US Dollar might have overcorrected against Forex news the Yuan, especially given recent softer Chinese retail sales. But, USD/CNH likely needs to find support before the fundamentals can take over. This Bitcoin’s behavior still indicates a huge interest in selling, creating risks for a new, deeper downside slippage. Check out this potential breakout I’m watching on USD/JPY. Rumors of a potential end to zero-COVID in China and a strong jobs update from New Zealand easily took the Kiwi to the top spot among the FX majors.

Weekly FX Market Recap: Nov. 7 – 11, 2022

PRAGUE – The Czech National Bank is unlikely to have to intervene in currency markets as much as it has in recent months when pressure against the crown was strong,… By Nevzat Devranoglu ANKARA -Turkey’s central bank has put the finishing touches to a reserve-management system that has stabilised the lira currency ahead of elections… Following a consolidation phase during the Asian trading hours, Gold price started to stretch higher and touched its strongest level since mid-August above $1,780. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day, providing a boost to XAUUSD. Forex trading involves significant risk of loss and is not suitable for all investors.

  • By Peter Nurse – The U.S. dollar slipped lower in early European trade Wednesday, handing back some of its overnight gains ahead of the release of key U.S. inflation…
  • Russia’s largest social network, Vkontakte, has announced that it will introduce support for blockchain and NFTs.
  • The crypto market could be in the same phase where it was in late 2018 when the bulk of the decline was behind it.
  • The update of Ethereum in London will be activated on Thursday, according to the countdown available at

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Don’t mention a Fed pivot – its not helping

Florida Gov. Ron DeSantis explained at a news conference Tuesday that he had spoken to state agencies and told them to find ways for… Decentralized money market protocol Aave has expanded its offerings with its latest partnership with Centrifuge. Starting from today, the Real-World Asset Market is… Stocks point to a softer open after hawkish comments from Fed Governor Christopher Waller remind the market that inflation is still high and that there is still work to be done. 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. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Ambar Warrick– China’s yuan led gains across Asian currencies on Monday amid growing optimism over the scaling back of some strict anti-COVID measures,…

forex news

The Stock Exchange of Thailand now rests just beneath the 1,625-point plateau and it’s expected to open in the red again on Tuesday. Indian shares were little changed in early trade on Tuesday, as investors react to mixed signals from Federal Reserve officials on the path of rate increases going ahead. Gold enjoyed its best day in 8-months following the US inflation DotBig LTD report and shows the potential to extend it run. A combination of data including GDP, inflation and a sentiment report from the US and Europe puts EUR/USD into focus for today’s session. By Ambar Warrick– Most Asian currencies rose on Wednesday, taking support from more weakness in the dollar as markets awaited the results of the hotly contested…

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