Over the last 24 hours, ETH has managed to retrace and stay above a crucial support level, making way for another run-up. Gold price is seeing a tepid bounce, as the Fed meeting gets underway. Bulls are coming up for the last dance, snapping a three-day decline, as the upbeat market mood and position readjustments in the US dollar lend support to the bright metal. Note that the content on this site should not be considered investment advice. dotbig forex 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.
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. HANOI – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to…
Yuan is dropping like a rock, but wariness persists of state bank intervention circa 7.35
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… 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… 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. dotbig testimonials 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. 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.
This website is free for you to use but we may receive commission from the companies we feature on this site. Australian shares have lifted moderately in afternoon trade, ahead of the the Reserve Bank’s latest interest rate decision. ASX rises cautiously ahead of Reserve Bank’s rate hike, Dow Jones posts biggest monthly surge in 47… The China stock market has finished lower in three straight sessions, retreating almost 110 points or 2.7 percent along the way. The Shanghai Composite Index now sits just above the 2,890-point and it’s likely to open in the red again on Tuesday.
AUD/USD defends 0.6400 on RBA’s expected 25 bps rate hike
The manufacturing sector in Malaysia continued to contract in October, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.7. dotbig ltd The manufacturing sector in Taiwan continued to contract in October, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a 13-year low manufacturing PMI score of 41.5. The manufacturing sector in South Korea continued to contract in October, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.2. Indian shares look set to open a tad higher on https://www.timessquareadcoalition.org/dotbig-ltd-review/ Tuesday, as investors react to the latest earnings results and await the outcome of a two-day policy meeting of the U.S. 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… TOKYO – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency market. 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,…
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- A fiat currency is any monetary instrument backed by a national government.
- 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…
- However, the outlook for the GBP/USD remains bleak as investors await the FOMC and BOE monetary policy decision this week.
The Thai stock market has moved higher in three straight sessions, gathering almost a dozen points or 0.8 percent along the way. dotbig website The Stock Exchange of Thailand now rests just beneath the 1,610-point plateau although it may run out of steam on Tuesday. 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… 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 Leika Kihara and Yoshifumi Takemoto TOKYO – Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out… Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy.
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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. Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. USD/JPY may continue to retrace the decline from the monthly high (151.94) as the Federal Reserve is expected to maintain its existing approach in combating inflation. dotbig broker Its Halloween and, clichéd as it is, there is a lot for markets to be scared about. Lets start off with the optimists, who, like Linus and his never-appearing Great Pumpkin, are …
EUR/USD above parity ahead of ECB
The broker proposes multiple different account types that fit the needs of other customers. dotbig.com testimonials Uptrend Center ReviewThe Uptrend Center is a brokerage with a web-based trading platform. The brokerage deals with CFDs and offers a minimum deposit of $250. It has potent trading conditions wrapped in an accessible and easy-to-use bundle. 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).
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Under the direction of the Asian Consultative Council of the BIS, in April 2021 the BIS Representative Office for Asia and the Pacific established a Study Group on "Foreign exchange markets in Asia-Pacific". The Study Group comprises members from the central banks and monetary authorities of Australia, China, Hong Kong SAR, India, Indonesia, Korea, … A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical DotBig broker trading strategies. Learn more about retail sales and how to trade this key economic data. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
China, HK stocks having a big up day
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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… dotbig sign in 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… 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 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… 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… 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… Ethereum price has been an amazing altcoin to trade as it has seen explosive growth in the last week.
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… It was an uneventful session for markets at the start of this week, although there was a decidedly risk off tone, stocks fell and the dollar surged, rising nearly 0.8%, with broad based decline in both the euro and GBP. dotbig company 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… https://nandnlogistics.com/ 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… 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.