Forex Market News & FX Forecast
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By John McCrank NEW YORK — The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked… 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 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… Import prices in the U.S. declined for the fifth consecutive month in November, according to a report released by the Labor Department on Wednesday. The Labor Department said import prices slid by 0.6 percent in November after falling by a revised 0.4 percent in October.
By Ambar Warrick Investing.com— Most Asian currencies slipped on Tuesday as renewed fears of rising U.S. interest rates largely offset optimism over easing COVID-19 restrictions… By Saqib Iqbal Ahmed NEW YORK — As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a… By Caroline Valetkevitch NEW YORK — The U.S. dollar was up slightly against the euro and yen on Tuesday as U.S. stocks sold off, while investors were trying to position… By Peter Nurse Investing.com — The U.S. dollar weakened in early European trade Friday as fears that the U.S. economy was heading towards recession mounted, ahead of next week’s… 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…
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Trading on margin increases the financial risks. By Ambar Warrick Investing.com— Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the… We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey. By Ambar Warrick Investing.com— Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from… By Gertrude Chavez-Dreyfuss NEW YORK — The dollar gained against most currencies on Monday in choppy trading ahead of key data expected to show U.S. inflation moderating…
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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… By Peter Nurse Investing.com — The U.S. dollar firmed in early European trade Monday as DotBig LTD traders started the week on a cautious note ahead of the last Federal Reserve policy-setting… By Gertrude Chavez-Dreyfuss NEW YORK — The dollar nosedived across the board on Tuesday after data showed U.S. consumer price inflation rose less than expected last… European stocks closed lower on Wednesday as investors largely refrained from making significant moves ahead of the Federal Reserve’s monetary policy announcement.
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. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
US open: Stocks slip in cautious trade ahead of the FOMC rate decision
By Fergal Smith TORONTO — Canada’s dollar will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve… The NZ dollar fell against its major counterparts in the European session on Wednesday, as New Zealand’s Treasury predicted a recession in late 2023. The Switzerland market ended modestly higher on Wednesday, with stocks gaining in strength in late afternoon trade after languishing in negative territory till then.
- The consensus is that the BoE will slow the pace of hiking, as we are expected to see with the week’s other major central bank decisions.
- By Ambar Warrick Investing.com— Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the…
- 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.
- USD/JPY is one of the more interesting pairs to watch in this data-light session, as it tests a key support level.
- 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…
Treasury Secretary Janet Yellen on Thursday hailed fellow pioneers during the unveiling of the first U.S. banknotes printed… By Alessandro Albano Investing.com — Since its mid-September peak, the U.S. Dollar Index has experienced a phase of depreciation https://nandnlogistics.com/ due to easing inflation that could lead to a… Barbeque brand Weber Inc. reported Wednesday that net loss for the fourth quarter widened to $152.12 million or $0.53 per share from $86.07 million or $0.13 in the prior-year quarter.
Non-farm Payrolls stronger than expected. Does that change the Fed’s plan?
This is the technical picture for ‘what did we just witness’ from a DotBig company market. $SPX generally unchanged with a large daily range and …
Week Ahead in FX (Dec. 12 – : FOUR Central Bank Decisions In Focus
Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month… Although it had an immediate impact on the markets once it was released, the PPI print alone shouldn’t have too much influence on the FOMC decision. CHF was the big winner this week, while its usual “safe haven” buddy, JPY, fell to last place on speculation of potential policy shifts from the BOJ ahead. Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost.
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Anything and everything related to – we bring it here for you on one platform. In this week’s edition, we discuss the dollar ahead of the big central bank meetings next week. With central bank meetings from the FOMC, BOE, and ECB, along with CPI data from the US and UK, this is sure to be one of the busiest weeks of the year. Trade 5,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more. We’re seeing downbeat data from Australia and China, but can risk-taking continue to prop AUD/CHF higher? Determine significant support and resistance levels with the help of pivot points.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. XRP gave back a bit of gain after price action popped higher on a much lower CPI print, which even came out below the lowest estimation economists and analysts had given.