By Tetsushi Kajimoto and Leika Kihara TOKYO -Japan’s currency interventions have been stealth operations in order to maximise the effects of its forays into the market,… By Saqib Iqbal Ahmed NEW YORK -Investors are hesitant to bet on a sustained decline in the dollar, even after the U.S. currency suffered its sharpest pullback in about… The services sector in Australia slipped into contraction territory in October, the latest survey from S&P Global showed on Thursday with a services PMI score of 49.3. The private sector in Singapore continued to expand in October, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a PMI score of 57.7. Australia posted a seasonally adjusted merchandise trade surplus of A$12.444 billion in September, the Australian Bureau of Statistics said on Thursday. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. USD/JPY remains on the backside of the counter-trendline on the hourly chart which leaves a bearish bias on the charts for the days ahead.
However, the company does not plan on stopping there as Binance’s CEO indicates the company’s intention of possibly acquiring banks. SHANGHAI – The yuan briefly touched a 1-1/2-week high against the dollar before giving back all the gains by midday on Thursday as Chinese cities tightened curbs against… By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive Forex brokers new study has shown, with the dollar retaining its global… By John McCrank NEW YORK – The euro dropped more than 1% on Thursday, falling back below parity with the dollar, after the European Central Bank raised interest… 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….
Forex News Today: Daily Trading News
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- The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had dipped almost 8 points or 0.6 percent.
- 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….
- US stocks point to a weaker open after strong gains last week as investors question whether the Fed will adopt a softer stance to monetary policy after November.
- The Straits Times Index now rests just above the 3,140-point plateau although it’s overdue for consolidation on Thursday.
By Tetsushi Kajimoto TOKYO -Japan spent a record $42.8 billion on currency intervention in October to prop up the yen, the finance ministry said, with investors keen for… By Ambar Warrick Investing.com– Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Wednesday, with traders cautious ahead of the conclusion of a crucial Federal Reserve meeting. LONDON – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies in the first cross-regional trial of… Australia will on Thursday release September figures for imports, exports and trade balance, highlighting a modest day in Asia-Pacific economic activity. The trade surplus is pegged at A$8.85 billion – up from A$8.324 billion in August, when imports rose 4.0 percent and exports gained 3.0 percent.
Stay up-to-date on breaking forex finam as well as relevant financial developments. The Hong Kong stock market has climbed higher in back-to-back sessions, surging more than 1,140 points or 8 percent in that span. The Hang Seng Index now sits just above the 15,825-point plateau although it’s predicted to open under pressure on Thursday. Binance is the biggest cryptocurrency exchange and also operates the fourth biggest cryptocurrency in the world.
Truss out as UK Prime Minister. What’s next for GBP/USD?
Bears have continued to cover their short bets against the euro, and we also note a pickup of long bets on the relatively bearish euro. By Gertrude Chavez-Dreyfuss NEW YORK – The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered by expectations… By Peter Nurse Investing.com – The U.S. dollar weakened in https://forexreviewdaily.com/ early European trade Tuesday as traders weighed the likelihood that the Federal Reserve signals a less aggressive… The Canadian market ended notably lower on Wednesday, weighed down by losses in materials, healthcare, technology and consumer discretionary sections. Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. US stocks point to a weaker open after strong gains last week as investors question whether the Fed will adopt a softer stance to monetary policy after November. By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar slid against major currencies on Tuesday, on some expectation that the Federal Reserve will signal a slower pace… The Singapore stock market has https://forexreviewdaily.com/ climbed higher in seven straight sessions, collecting more than 170 points or 5.7 percent along the way. The Straits Times Index now rests just above the 3,140-point plateau although it’s overdue for consolidation on Thursday. The Taiwan stock market has tracked higher in three straight sessions, collecting more than 310 points or 2.4 percent along the way. The Taiwan Stock Exchange now rests just above the 13,100-point plateau although the rally may stall on Thursday.
FOMC meeting recap: Smaller rate hikes coming…but a higher terminal rate on tap?
The private sector in Hong Kong continued to contract, albeit at a slower pace, the latest survey from S&P Global showed on Thursday with a PMI score of 49.3. A volatile session for the yen on Friday likely points to a currency intervention from the BOJ or MOF, in an attempt to stop or at least pause the currency’s fast depreciation. Major US equity indices initially rallied on the back of the release, though upside proved short-lived for the S&P 500, topping at a high of 3,894 and stepping beneath pre-announcement levels. ‘Rates need to move https://forexreviewdaily.com/finam/ beyond the September Dot Plot forecasted (median 4.6%)’. Stocks reverse lower after upbeat jobs data and manufacturing data raises doubts over whether the Fed will tone down its aggressively hawkish stance. 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.
MOSCOW -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to the central bank’s decision to leave interest rates… By broker finam John McCrank NEW YORK -The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among other major central banks and stuck with…
Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. By Peter Nurse Investing.com – The US dollar stabilized in early European trading Thursday, after overnight losses, while the euro pushed above parity ahead of an expected jumbo… By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Monday at the start of a pivotal week which includes several central bank policy-setting… With the RBA https://forexreviewdaily.com/ only hiking rates by 25bps at each of the last two meetings, the RBNZ is the more hawkish of the two central banks. Fed Chairman Powell hinted at a slower pace of rate hikes, but the key question is whether the peak rate will be above or below 5%… 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.
The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it figures to head south again on Thursday. The China stock market has tracked higher in two straight sessions, advancing almost 110 points or 3.7 percent along the way.
Commitment of traders report (COT): Bullish euro bets hit 15-month high
The tone set by the removal of forward guidance and the lack of information regarding QT led the markets to believe this was a dovish hike. Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. The Forex brokers JOLTS figure today shows that the US has even more job vacancies than anticipated, which was already high. The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support.
Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Whilst GBP as under pressure from talk of tax hikes, GBP/USD remains above a key support level ahead of today’s ISM and JOLTS job opening reports. By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI – China’s digital yuan took the centre stage in the world’s largest cross-border central bank digital currency … By Peter Nurse Investing.com – 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…