By Peter Nurse – The U.S. dollar stabilized at lower levels in early European trading Tuesday as traders factored in a potentially less hawkish Federal Reserve,… By John McCrank NEW YORK – Sterling rallied to a six-week high on Tuesday on improved risk sentiment as Rishi Sunak became Britain’s prime minister, while the dollar… SHANGHAI/BEIJING – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore DotBig markets in late trade on Tuesday to prop up the weakening yuan, two… By Peter Nurse – The U.S. dollar edged lower in early European trading Wednesday, trading near a three-week low, as traders reacted to more U.S. economic weakness as… By Peter Nurse – The U.S. dollar stabilized in early European trade Friday ahead of the release of key inflation data, while the Japanese yen edged lower after the…

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  • BRASILIA – Brazil’s central bank on Thursday said it would hold auctions starting on Friday to roll over $15.1 billion in traditional currency swaps maturing on Dec….
  • Note that USDHKD, NZDCAD and ZARJPY made especially large and surprising moves over the past day.
  • Indian shares are seen opening flat to slightly lower on Wednesday, as investors react to mixed global cues and a sharp rise in oil prices overnight.
  • In the preceding hour, NZDCAD has been an especially big mover in the forex market, rallying 17 pips (0.22%).

European stocks may open on a steady note Wednesday, as investors await the Fed’s interest-rate decision, the accompanying policy statement and Fed Chief Jerome Powell’s news conference for additional cues regarding the likelihood of a pivot by the U.S. central bank. 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. 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. As with all such advisory services, past results are never a guarantee of future results.

Nomura Looking For Usd

Or to simplify this another way, note that out of the past 10 days nzdchf’s price has gone up 8 them. And in terms of interesting streaks, NZDCHF has experienced upwards move in 8 of the prior ten trading days. 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 DotBig overview rights are reserved by the providers and/or the exchange providing the data contained in this website. HANOI – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to… By Leika Kihara and Yoshifumi Takemoto TOKYO – Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out…

forex news

The Stock Exchange of Thailand now rests just above the 1,625-point plateau although it may see profit taking on Wednesday. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Relative to other instruments in the forex asset class, nzdjpy ranked 15th the previous day in terms of percentage price change. Below is a list of currency pairs that crossed key moving average levels over the past day.

Market Outlook

A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. Learn more about retail sales and how to trade this key Forex economic data. Foreign trade, unemployment and final manufacturing Purchasing Managers‘ survey results from Germany are due on Wednesday, headlining a busy day for the European economic news.

forex news

Investors trade with caution ahead of the Fed rate hike decision. The Hong Kong stock market on Tuesday halted the two-day slide in which it had plummeted more than 740 points or 5 percent. The Hang Seng Index now sits just above the 15,450-point plateau although it may hand back some of those gains on Wednesday. The Indonesia Forex news stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.15 percent. The Jakarta Composite Index now rests just above the 7,050-point plateau and it may take further damage on Wednesday.