By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global… exness com 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…

forex news

Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. MOSCOW -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited https://forexreviewdaily.com/exness/ reaction to the central bank’s decision to leave interest rates… 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…

EUR/USD above parity ahead of ECB

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. A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. 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.

By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Tuesday as traders weighed the likelihood that the Federal Reserve signals a less aggressive… 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… LONDON – France, Singapore and Switzerland have launched a https://forexreviewdaily.com/exness/ joint trial of their experimental central bank digital currencies in the first cross-regional trial of… Private sector employment in the U.S. increased by more than expected in the month of October, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 239,000 jobs in October after climbing by a downwardly revised 192,000 jobs in September.

All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. 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… https://en.wikipedia.org/wiki/Foreign_exchange_market 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. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average.

Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. The tone set by the removal of forward guidance and the lack of information exness broker 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.

A volatile start to the week for the yen after currency intervention

ForexNews.World delivers real time updated Forex brokers and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies. We are go to source for you to get breaking news stories and in-depth market updates from around the world. 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.

  • The Euro is at the mercy of a hawkish Federal Reserve, as Eurozone PMIs show a recession is lurking.
  • A carry trade is a trading strategy that involves borrowing a low-yield currency and investing in a high-yielding asset to exploit the interest rate differential.
  • Canadian shares are turning in a mixed performance in cautious trade on Wednesday with investors looking ahead to the Federal Reserve’s monetary policy announcement, due later in the day.
  • None of the blogs or other sources of information is to be considered as constituting a track record.
  • Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
  • 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 …

The Federal Reserve’s dovish statement and a hawkish Jerome Powell spurred turmoil in the market, benefitting the safe-haven American dollar. SHANGHAI – The yuan Forex brokers 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…

News & Analysis

This website is free for you to use but we may receive commission from the companies we feature on this site. 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 … 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….

Powell: Data suggests ultimate level of rates will be higher than previously anticipated

The JOLTS figure today shows that the US has even more job vacancies than anticipated, which was already high. By Leika Kihara and Yoshifumi https://forexreviewdaily.com/ Takemoto TOKYO – Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out…

Analysts raises forecast for China GDP in 2022, cuts 2023. Forecasts higher USD/CNY.

Get expert reaction to latest market news and seize potential opportunities. NZD/USD Outlook Mired by Failure to Clear October Opening RangeNZD/US may struggle to retain the advance from earlier this month if the exchange rate fails to clear the October high (0.5814). BENGALURU – The Reserve Bank of India will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on Nov. 1, it said on Monday,… By Gertrude Chavez-Dreyfuss NEW YORK https://forexreviewdaily.com/ – The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered by expectations… 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,… The Canadian market ended notably lower on Wednesday, weighed down by losses in materials, healthcare, technology and consumer discretionary sections.

USD/MXN Stuck in Horizontal Channel, Breakout Could Spark Next Big MoveThe USD/MXN has been trading inside a horizontal channel since the beginning of the month, but a powerful breakout could be just around the corner. 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.