By Tetsushi Kajimoto TOKYO -Japan stands ready to take “decisive” steps in the foreign exchange market if excessive yen moves persist, Finance Minister Shunichi Suzuki… Final manufacturing Purchasing Managers’ survey results from the euro area and the UK are the major reports due on dotbig testimonials Monday. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer price data for September. European stocks may open lower on Monday as higher-than-expected U.S. inflation data and sharp moves in the price of oil added to worries about slowing global growth.
SHANGHAI – China’s yuan is unlikely to continue depreciating rapidly, the state-owned Securities Times said in a front-page commentary on Thursday, as currencies… By Peter Nurse Investing.com – The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally… By Alexander Marrow MOSCOW -The rouble weakened on Friday, giving up huge gains that had seen it soar to an eight-year high against the euro, as investors slashed foreign… KUALA LUMPUR – The weakening Malaysian ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor…
Forex Today: Dollar Reversed Chinese Strength Losses In Ny, Aussie Impresses
Indian shares look set to open lower on Monday as investors react to rising oil prices and weak global cues. U.S. stocks sold off on Thursday, erasing the previous session’s rally, dragged down by hawkish Fedspeak and bearish sentiment following negative news from Apple, the world’s largest tech company. However, the inconspicuous comments by the central bank https://www.cmcmarkets.com/en/learn-forex/what-is-forex left EUR/CHF weary as to if there are more to come. Prospects of some coordinated central bank action and the lack of fresh news may encourage short-side profit-taking… Shorting the pound is a strategy that makes profit if the price of the British pound falls. To short the pound, you want to enter the trade as close to resistance level as possible.
You can learn more about our cookie policy here, or by following the link at the bottom of any Forex page on our site. Despite a rate hike by the BOE of 50bps, GBP/USD is near 37-year lows.
Learning To Trade The order Block Forex Strategy
By Harry Robertson LONDON -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would step in to calm the UK’s frenzied… By Darya Korsunskaya MOSCOW – Russia estimates the new cut-off price for its budget rule that diverts excess oil revenues into its wealth fund at $62-$63 per barrel https://www.business-money.com/announcements/full-information-about-forex-broker-dotbig-ltd-review-and-reviews/ and… By Sinéad Carew and Alun John NEW YORK/LONDON – After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England’s purchase… By Gertrude Chavez-Dreyfuss NEW YORK – Sterling rose sharply in volatile trading on Thursday, rallying from record lows hit on Monday, after the Bank of England…
- By Mike Dolan LONDON – Perhaps remarkably, some of the world’s major economies still hold at least part of their rainy-day savings in sterling and British government…
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- The Indonesia stock market on Friday ended the five-day losing streak in which it had fallen more than 170 points or 2.6 percent.
- SHANGHAI -China’s yuan bounced on Thursday from a 14-year low against the dollar hit in the previous session, snapping eight straight days of losses, after the central…
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