By Leika Kihara and Kantaro Komiya TOKYO – Bank of Japan policymakers on Wednesday stressed the need to keep monetary policy ultra-loose to shield the economy from… Bitcoin’s fluctuations since June fit into a triangle with a descending resistance line and horizontal support of $18.8K.
- This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates…
- Inflation is hovering at a 40-year high, driven by steep increases in food prices, housing and utilities.
- UK Prime Minister Liz Truss has resigned after days of speculation that her role was untenable.
- By Alexander Marrow MOSCOW -The Russian rouble strengthened on Wednesday, climbing to a near two-week high against the euro as the finance ministry held OFZ treasury…
- Breaking news is defined as new information that has market-moving potential.
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The Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued contraction in regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current activity inched up to a negative 8.7 in October from a negative 9.9 in September, but a negative reading still indicates a contraction. The Switzerland stock market, which stayed weak till about the penultimate hour of the day’s trading session DotBig review on Thursday, aw some brisk buying in closing minutes, but still ended the day on a slightly negative note. By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trading Wednesday, bouncing from a two-week low, while sterling slipped back after U.K. By Karen Brettell NEW YORK – The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after…
By Chang-Ran Kim and Leika Kihara TOKYO -Japanese authorities repeated their warnings about the yen’s precipitous fall against the dollar on Wednesday, with Finance… By Ambar Warrick Investing.com– Most Asian currencies moved little on Wednesday as hawkish comments from Federal Reserve officials helped stem recent losses in the dollar, while… By Ambar Warrick Investing.com– China’s offshore yuan hit a new low on Thursday, while most other Asian currencies slipped https://twitgoo.com/dotbig-review/ as fears of more hawkish moves by the Federal… By Tejaswi Marthi – Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the U.S. dollar, as ultra-hawkish posturing by most central banks… Tesla reported mixed third-quarter results, topping EPS expectations but missing on revenue and margin estimates, sending the company’s stocks lower in extended trading. Tesla stock falls over 5% as earnings released post-session on Wednesday.
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First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 15th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims slipped to 214,000, a decrease of 12,000 from the previous week’s revised level of 226,000. Fusion Mediawould Forex news like to remind you that the data contained in this website is not necessarily real-time nor accurate. 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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