Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your https://finviz.com/forex.ashx personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. FTSE 100 has rebounded off key psychological support as risk appetite turns positive.

ADP said private sector employment surged by 208,000 jobs in September after climbing by an upwardly revised 185,000 jobs in August. Another day, another big level gives way for global markets.

S&p Global Us Services Pmi Final 49 3 Vs 492 Prelim

By Leika Kihara and Tetsushi Kajimoto TOKYO – Japan spent up to a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up… The U.S. dollar climbed against its major counterparts in the European session on Wednesday, as optimism over a slowdown in the pace of the Federal Reserve’s monetary policy tightening receded. 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.

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  • Whilst futures markets point towards a retracement against yesterday’s gains across European cash markets, we’re looking for support to hold and break above yesterday’s highs.
  • By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the second quarter, with the…

China’s June trade surplus of $41.6bn was the largest since Dec 2017. Consensus is for only a modest pullback in July, to around $39bn, driven by slightly faster import growth (16.5%yr) and a touch slower export growth (10%yr). The RBNZ’s quarterly inflation survey occasionally has an impact on the kiwi (1pmSyd/11am Sing/HK). Experience award-winning platforms with fast, reliable execution Forex news and enjoy tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K). The RBNZ hiked for an eight consecutive meeting to take interest rates to 3.5%. 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.

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By Amanda Cooper LONDON – Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil… Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking https://coinpedia.org/forex-trading/dotbig-forex-broker-review/ as well as relevant financial developments. With the value of imports showing a notable decrease, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed by more than expected in the month of August. The Commerce Department said the trade deficit narrowed to $67.4 billion in August from a revised $70.5 billion in July. The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September.

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By Geoffrey Smith Investing.com — The dollar steadied and pushed higher in early dealings in Europe on Wednesday, after senior Federal Reserve officials played down suggestions of… RPM International, Inc. reported Wednesday that net income attributable to RPM for the first quarter grew dotbig.com testimonials to $169.01 million or $1.31 per share from $134.58 million or $1.04 per share in the prior-year quarter. If OPEC+ cuts 1,000,000bpd, be careful of a “buy the rumor, sell the fact” trade. Welcome back to the deep dive series where this time we focus on Visa , the global payments company.