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… Stay up-to-date on breaking https://forexreviewdaily.com/foreks-broker-finmaxfx/ 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.
- 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.
- 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.
- Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy.
- With the RBA only hiking rates by 25bps at each of the last two meetings, the RBNZ is the more hawkish of the two central banks.
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 https://forexreviewdaily.com/ 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…
Forex news and analysis
The Shanghai Composite Index now sits just above the 3,000-point plateau although it’s expected to turn lower again on Thursday. 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.
This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. 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. 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.
China new coronavirus cases continue to rise
By Hari Kishan BENGALURU – The dollar’s retreat in foreign exchange markets is temporary, according to a Reuters poll of currency strategists, who said the greenback… The South Korea stock market has moved https://forexreviewdaily.com/foreks-broker-finmaxfx/ higher in three straight sessions, advancing almost 70 points or 3.2 percent along the way. The KOSPI now rests just above the 2,335-point plateau although investors may lock in gains on Thursday.
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. The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have https://www.cnbc.com/money-in-motion/ lent some support. 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 beyond the September Dot Plot forecasted (median 4.6%)’.
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. FTSE 100 remains under pressure as investors Forex brokers look for clues on when rate hikes might ease. 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.
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. Carry trades are most common in forex trading with traders borrowing the low interest Japanese yen to buy higher interest currencies. Learn what currency pairs work best and how to execute the strategy yourself in our full guide. With the RBA only hiking rates by 25bps at each of the last two meetings, the RBNZ is the more hawkish of the two central banks. Price Action https://forexreviewdaily.com/ Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. 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 by external factors such as financial, regulatory or political events.
Soft Start Seen For Taiwan Stock Market
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. By Ambar Warrick Investing.com– Most Asian currencies retreated on Monday as weak Chinese economic data weighed on sentiment, while markets hunkered down ahead of a Federal… The Singapore stock market has 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.
Coinitix Makes it Possible for Users to Buy Bitcoin Using Credit…
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… The services sector in Australia slipped into contraction territory in October, finmaxfx com the latest survey from S&P Global showed on Thursday with a services PMI score of 49.3. 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.
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. Note that the content on this site should not be considered investment advice.