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This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. On the supply side, news that suggests a lower supply can push up prices, while news that suggests higher supply can depress prices, which can then impact related currencies. News DotBig that could reflect changes in supply may cover political tensions, wars, terrorism, weather, economic sanctions, labour relations and more. Speculation and pricing related to demand is mainly influenced by many of the same major news releases noted above, plus commodity inventory reports and outlooks. dotbig.com testimonials 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.

British energy major BP Plc reported Tuesday a replacement cost or RC profit in its third quarter, compared to a loss last year, on strong growth in sales revenue. Further, the company announced $2.5 billion share buyback, which is intended to be executed prior to announcing its fourth-quarter results. Canadian shares are set to open on a positive note on Tuesday, tracking gains in European markets and firm commodity prices. Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. dotbig ltd Forex trading involves significant risk of loss and is not suitable for all investors.

Also, the Fed’s favorite measure of inflation is back up to levels not seen since March. Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. The British pound easily took the top spot this week as the massive uncertainty with the U.K.’s political and financial scene eased. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position.

Rishi Sunak Wins the Race to Become PM Delivering Early GBP/USD Support

A news trading strategy involves trading based on market expectations, both before and after a news release. dotbig testimonials Trading on news announcements can require you to make quick decisions, as the financial markets may be impacted almost immediately. Therefore, you will need to make quick judgements on how to trade the announcement. A manual alternative is to monitor upcoming tradeable events using our economic calendar. This feature can be found on our Next Generation platform and highlights events such as unemployment reports, GDP, CPI and PPI figures, as well as trade reports and sentiment surveys.

These currencies are often referred to as resource currencies. Prices of commodities that affect these currencies can be influenced by issues affecting supply and demand. dotbig investments French stocks rose sharply on Tuesday and bond yields declined as markets held out hopes that the U.S. Federal Reserve will soften its hawkish stance after delivering a widely expected 75-bps rate hike on Wednesday. From time to time, however, economic announcements are very different from what the broader market was expecting, and this can cause an opposite market reaction.

• This can have an impact on market sentiment​​, especially if the data announcement is not in line with what the traders had been expecting.
• Register for a live account now to access our Morningstar reports.
• These currencies are often referred to as resource currencies.
• News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

However, there are significant differences between the type of news that sets apart currencies from other financial markets. Market Mood Improves Ahead Of Fed DecisionThe next few days promise to be eventful and potentially volatile for financial markets thanks to key economic reports from major economies, corporate… As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets. We also provide fundamental analysis reports from Morningstar, as well as market commentaries and updates from Reuters news on our news and insights section of the platform. By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements. Traders should be aware that demand for many commodities – and therefore the commodity’s price – rises and falls with the seasons. dotbig.com Seasonal forex trading news and impacts tend to be seen in energy and agricultural commodities, but less so for precious metals.

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The Federal Reserve will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday. Yesterday, the Bureau of Labor Statistics released a higher-than-expected Producer Price Index with 0.2% m/m growth in September, meaning producers are still raising prices for goods and services. 79% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

SoFi Technologies stock jetted ahead in Tuesday’s premarket after the neo bank reported the bare minimum of an earnings beat. dotbig contacts GBP/USD is sustaining the recovery gains above 1.1500, as risk flows dominate in Tuesday’s European trading hours.

The company also raised its adjusted earnings and revenue guidance for the full-year http://www.logisticsinc.com/ 2022. Provides a snapshot of the eight major crossrates to the U.S.

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Our team of professional traders has been testing Forex brokers for over 12 years and has helped millions of traders find the right broker. 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 https://www.rajpostexam.com/expert-review-of-dotbig-com-and-real-reviews/ after November. We’ve got a busy one ahead with three rate decisions and top-tier GDP data. Determine significant support and resistance levels with the help of pivot points. With 30-year fixed rates sitting short of 7%, housing sector numbers could begin receiving Fed attention.

ESMA to withdraw recognition decisions of six central counterparties established in India

Every journey starts with a single step and this is true of trend reversals as well. An economic announcement is rarely enough to quickly change a medium-term trend, but how the market reacts to surprises can give the first clue that sentiment is starting to shift. dotbig forex This offers traders an opportunity to open positions at the very start of a new trend. Paying attention to when trading announcements are due can mean that you end https://www.rajpostexam.com/expert-review-of-dotbig-com-and-real-reviews/ up placing a carefully planned trade just before a major event happens, which instantly triggers your stop-loss. It may be more opportune to wait to open new positions after news events have taken place, and then see if the reason for the trade is still valid. A live account will give you access to Morningstar equity research reports and Reuters news headlines, which provide a wealth of information for all asset classes..

It was the first time in history for the US500 to crash by 2% and close the day 2.8% above the neutral line. If you have any feedback or run into issues, contact up or write to our support team. Please rate us and provide feedback so we can enhance the Myfxbook app even further – contact us at With FNG’s Newsletter you’ll get all the latest breaking FX Industry news stories – in a concise daily email, directly to your Inbox. Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

The U.S. dollar rose today pushing USD/JPY so high that it almost reached the 150 level. While the euro climbed back above parity with the U.S. dollar yesterday, it didn’t last long.. If you already have an account please use the link below to sign in. We give calls from Monday to Friday in suggested intervals.