The above visualization from James Eagle shows the yield … Breaking news is defined as new information that has market-moving potential.
The Malaysia stock market moved lower again on Monday, one session after ending the five-day losing streak in which it had slumped more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,475-point plateau, although it’s expected to rebound again on Tuesday. Long-term yields are heading lower amid investor concerns that the Fed could overshoot with its rate hikes, leading to more economic challenges. All breaking news is rated high , medium , or low depending on the how much it impacted the market. XAU/USD Seeks Rising Wedge BreakoutSpot gold has been at the mercy of the US dollar and will continue to do so while XAU/USD considers bearish breakout potential. Anything and everything related to forex news – we bring it here for you on one platform. Free market economies, sometimes shortened to just market economies, describe nations whose financial systems are largely regulated by freely moving market forces of supply and demand.
US CPI preview – "USD should sell off more on a downside CPI print, than rally on a beat"
Add the ability to filter, I for one only trade USD/JPY at the moment, euro or aud news,technicals and fundamentals are valueless to me e.g this would save data and time to sync., 2. Discard the full screen ads, who wants to see useless full screen ads while day trading ? Enable custom nofications, for technicals only or everything, and let us https://dotbigbroker.com/ see the contents in the notification ticker, number of articles is not enough. I focus on money management and a unique approach to forex trading. I have been trading equities, forex and advanced options strategies since 1997. In forex trading I have been capable of achieving more than 40% in monthly profits on a consistent basis since 2006.
- XAU/USD Seeks Rising Wedge BreakoutSpot gold has been at the mercy of the US dollar and will continue to do so while XAU/USD considers bearish breakout potential.
- On December 9, 2022 filed a motion for summary judgment in a lawsuit brought by former FX trader Rohan Ramchandani.
- US equity futures are struggling to break their narrow range as investors await key economic data that could drive volatility throughout the week.
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Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking https://www.investopedia.com/articles/forex/11/why-trade-forex.asp as well as relevant financial developments. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Over the past two weeks, the strongest trend has been on GBPCAD. Alternatively, on a 90 day basis, the strongest trend appears on USDTRY. Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for EURJPY and EURNOK. Trading against the 14 day trend in favor of the 90 day trend may be an opportunity some traders would favor on these pairs.
China Bank Lending Growth Misses Expectations
For the latest stories on specific currency pairs, try the articles below. The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged against other currencies. We see that ZAR was the big outperformer, moving by 1.39%. On the flip side, MXN fared the worst, moving by -1.82%. 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 personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
Stocks are set to rise, paring losses from the previous week as investors lok ahead to inflation data and the Federal Reserve interest rate decision later in the week. The Fed is expected to deliver a 50 bp rate hike on December 14, continuing to meticulously dampen inflation pressure in the economy.
By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Thursday, as traders sought out this safe haven amid uncertainty over the global economic… By Patrick Werr CAIRO – The gap between the official rate of the Egyptian pound against the dollar and the price on the black market has widened further, putting… The South Korea stock market turned lower again on Monday, one session after halting the five-day losing streak in which it had tumbled almost 110 points or 4.5 percent. The KOSPI now rests just beneath the 2,375-point plateau although it figures to bounce higher again on Tuesday.
NZD/USD Up 7 Pips On Hourly Chart, Underperforms All Forex; is Inching Close to 200 Day Average
Learn more about how market economies operate, the political theory they’re founded on, and whether they work in our guide. Today’s NFP report is https://dotbigbroker.com/ the main event for traders, and the consensus forecasts is for headline job growth to soften to 200k , and the unemployment rate remain at 3.7%.
UPCOMING CALENDAR EVENTS
By Ambar Warrick Investing.com– Most Asian currencies kept to a tight range on Wednesday as markets weighed more signs of an economic reopening in China against growing concerns… By John McCrank and Amanda Cooper NEW YORK -The dollar edged lower on Thursday against the euro as investors weighed the outlook for U.S. By Saqib Iqbal Ahmed NEW YORK – A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few… By Ambar Warrick Investing.com– Most Asian currencies rose slightly on Friday while the dollar retreated in anticipation of U.S. inflation data, with the Chinese yuan set to… By John McCrank and Saqib Iqbal Ahmed NEW YORK -The dollar edged higher against the euro on Friday after U.S. producer inflation data for November came in slightly… Canadian shares are likely to open on a mixed note on Monday, tracking higher commodity prices and weak European markets.
US major indices close solidly higher ahead of the CPI data tomorrow
The Singapore stock market on Monday ended the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,240-point plateau although broker DotBig it’s likely to see renewed support on Tuesday. Also of note is that on the 30 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
It’s a busy week for market players everywhere as we price in FOUR central bank decisions and a few key inflation and labor market reports. 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. None of the blogs or other sources of information is to be considered as constituting a track record. 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. 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.