My Forex News: Forex, Cryptocurrency & Economic News

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. dotbig.com We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

ForexNews.World delivers real time updated https://rspedia.com/broker-dotbig-an-overview-of-an-international-broker/ 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. Australia’s central bank raised its benchmark interest rate on Tuesday, for a second consecutive meeting and repeated the guidance that rates will be lifted further based on incoming data. dotbig sign in The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 2.85 percent, the highest since 2013. 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.

Forex News

CAD/JPY has defied weaker oil prices, mostly thanks to a weaker yen and higher equity prices ahead of today’s inflation report. dotbig investments Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. Note that the content on this site should not be considered investment advice. This DotBig review 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.

  • 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.
  • FinancialCentre ReviewFinancialCentre is an experienced broker that deals with many asset types and classes.
  • By Peter Nurse Investing.com – The U.S. dollar stabilized at lower levels in early European trading Tuesday as traders factored in a potentially less hawkish Federal Reserve,…
  • By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday as investors locked in profits from a recent rally, while the dollar was pinned near one-month lows as…

None of the blogs or other sources of information is to be considered as constituting a track record. dotbig testimonials 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. dotbig.com testimonials 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. MyForexNews.com brings the freshest and most relevant financial market news. dotbig company We also provide educational materials and broker reviews for professional and aspiring traders to up their game.

Dollar slides further amid strong bid in bonds

SHANGHAI/BEIJING – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on Tuesday to prop up the weakening yuan, two… By Peter Nurse Investing.com – 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… 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…. 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… Stay up-to-date on breaking forex news as well as relevant financial developments.

forex news

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… dotbig website By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, https://kellerlogistics.com/ a comprehensive new study has shown, with the dollar retaining its global… dotbig review TOKYO – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency market.

MOSCOW – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable month-end tax payments period drew close, while investors… By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday as investors locked in profits from a recent rally, while the dollar was pinned near one-month lows as…

This website is free for you to use but we may receive commission from the companies we feature on this site. DotBig review ASX rises cautiously ahead of Reserve Bank’s rate hike, Dow Jones posts biggest monthly surge in 47…

US Core PCE and ECI as expected. What does it mean for the FOMC next week?

Sysco Corp. reported Tuesday net earnings for the first quarter that increased to $465.57 million or $0.91 per share from $378.01 million or $0.73 per share in the prior-year quarter. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. In this week’s edition, we are getting technical on the USD/CNH, Gold and S&P 500. Will the Fed consider an ECI reading of 1.2% to be “uncomfortably higher”? Also, the Fed’s favorite measure of inflation is back up to levels not seen since March.

Pfizer Boosts FY22 Outlook As Q3 Results Top Estimates

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… dotbig Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. Australian shares have lifted moderately in afternoon trade, ahead of the the Reserve Bank’s latest interest rate decision.

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 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 Market News

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. Price Action 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.

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