By Kevin Buckland TOKYO – The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. monetary policy. By Scott Murdoch SYDNEY – Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China’s COVID policy adjustments and a rescue package for the country’s struggling property sector. By Ambar Warrick– Asian stock markets fell on Thursday amid growing concerns over an economic slowdown in China, while a crash in the crypto market also dampened… TAIPEI -Taiwan has "smooth" communication channels with the United States and the two will keep talking on issues such as exchange rate policy, a Taiwanese central bank…

  • In an investor note released on Monday, Morgan Stanley analyst Adam Jonas said his bullish overall view of Tesla may have to wait on the back burner while his bearish scenario for the stock unfolds.
  • Major central banks around the world have been hiking rates at an unprecedented pace in order to try and cap inflation, which in some countries is at or near 40-year highs.
  • By Scott Murdoch SYDNEY – Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China’s COVID policy adjustments and a rescue package for the country’s struggling property sector.
  • The U.S. dollar depreciated against its major opponents in the European session on Tuesday, as comments from Fed Vice Chair Lael Brainard supported expectations that the central bank would slow the pace of rate hikes in the coming months.

By Ambar Warrick– China’s yuan led gains across Asian currencies on Monday amid growing optimism over the scaling back of some strict anti-COVID measures,… NEW YORK – Speculators’ net long bets on the U.S. dollar fell in the latest week to the smallest position in more than a year, according to calculations by Reuters and… Risky assets rose, while the US dollar fell due to speculation over a slowdown in the Fed’s rate hike. Stay informed with real-time market insights, actionable trade ideas and professional guidance. With the stronger than expected payroll data, the Fed can continue to do as it pleases regarding “price stability”. In this week’s edition, we discuss the dollar, EUR/USD, gold and the Russell index. Gold extended its rally to $1,786,46 on Tuesday as the American Dollar accelerated its slide following the release of the US PPI, further hinting at easing inflationary pressures in the US.

European Open: EUR/USD consolidates ahead of GDP, ZEW and inflation data

By Herbert Lash NEW YORK – The dollar fell sharply on Thursday after U.S. consumer prices rose less than expected in October to suggest underlying inflation is cooling,… By Saqib Iqbal Ahmed NEW YORK – The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S…. Gold enjoyed its best day in 8-months following the US inflation report and shows the potential to extend it run. Momentum trading is a popular trading strategy based on entering trades during clear trends and exiting before the reversal, finding trading opportunities from the continuous price action. Learn common strategies and the best indicators to determine entry points for momentum trading. A combination of data including GDP, inflation and a sentiment report from the US and Europe puts EUR/USD into focus for today’s session. SEOUL – Bank of Korea monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs have intensified between external and internal financial stabilities.

– FTX’s officials have been in contact with the U.S. regulators and other international regulatory agencies over the past 72 hours, it said in a filing on Monday, after authorities opened probes following last week’s collapse of the crypto exchange. LONDON (Reuters – The pound rose to its highest in almost three months against the U.S. dollar on Tuesday ahead of the UK government’s budget this week, largely as the greenback came under fire. Learn the Basics Effective risk management is essential to maintaining control in forex trading.

Dollar Depreciates As Soft U.S. Producer Inflation Data Raises Hopes For Slower Rate Hike

This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies. By Ambar Warrick– Most Asian Open DotBig account currencies retreated on Thursday, while the dollar recovered from recent losses as focus turned to upcoming CPI inflation data that is… – Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is seeking commitments from investors to raise fresh cash, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. By MacDonald Dzirutwe LAGOS – Nigeria’s debt service costs will remain elevated in the short to medium term, which will hobble the country’s ability to use fiscal policy to support economic growth, Fitch’s sovereign ratings director, Jermaine Leonard, said on Tuesday.

By Sinéad Carew and Joice Alves NEW YORK/LONDON – The U.S. dollar gained against the yen and the euro on Monday but pulled back from… By Peter Nurse — The U.S. dollar weakened in early European trade Tuesday as more Federal Reserve officials indicated a slowdown in interest rate rises, with…

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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. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. SEOUL – South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations, as currency market movements seem to have… TOKYO – The European Central Bank will probably continue to raise interest rates beyond 2%, but “jumbo” rate hikes will not become a new habit, France’s central bank chief said in a speech in Tokyo on Tuesday. Note that the content on this site should not be considered investment advice.

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LONDON – Swiss bank UBS has joined a growing band of investment houses forecasting that emerging markets will see a bumper bounce next year after their torrid 2022. By Lananh Nguyen NEW YORK – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. AUD/USD Eyeing a Potential Triangle BreakoutThe Australian dollar has benefitted from broad-based US dollar weakness following the NFP report coupled with China’s potential reopening. New York manufacturing activity has seen a notable rebound in the month of November, the Federal Reserve Bank of New York revealed in a report released on Tuesday.

INSTITUTIONAL BANKS may, from time to time, offer payment processing services with respect to card deposits through StoneX Financial Ltd, Moor House First Floor, 120 London Wall, London, EC2Y 5ET. I’d like to view’s products and services that are most suitable to meet my trading needs.

Following The Success Of Covesting’s First Five-Star Trader

We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies. We are go to source for you to get breaking news stories and in-depth market updates from around the world. The U.S. dollar depreciated against its major opponents in the European session on Tuesday, as comments from Fed Vice Chair Lael Brainard supported expectations that the central bank would slow the pace of rate hikes in the coming months. Please note that foreign exchange and other leveraged trading involves significant risk of loss.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the nonbank sector, including cryptocurrencies, for which the U.S. central bank and other regulators have poor visibility. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. The U.S. dollar lost ground against its major counterparts in the European session on Tuesday, after a data showed that the nation’s producer prices rose much less than expected in October, adding to expectations for slower rate hikes from the Federal Reserve in the future.

Forex News Today: Daily Trading News

– Financial regulators in the Bahamas on Monday appointed liquidators to run FTX’s unit in the country, just days after authorities said they were looking for any “criminal misconduct” by the collapsed crypto exchange. STOCKHOLM – The Riksbank needs to deal with underlying price pressure in Sweden, Deputy Governor Martin Floden said on Tuesday. US Dollar May Rise Against the Chinese Yuan, but USD/CNH First Needs to Find SupportThe US Dollar might have overcorrected against the Yuan, especially given recent softer Chinese retail sales. But, USD/CNH likely needs to find support before the fundamentals can take over. 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. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.

Euro area economy expanded at a slower pace in the third quarter and employment growth slowed as runaway inflation and rising interest rates damp economic activity in the single currency bloc, latest figures from Eurostat showed Tuesday. Gross domestic product grew a seasonally adjusted 0.2 percent from the second quarter, when the Eurozone economy expanded 0.8 percent. Producer prices in the U.S. crept up by much less than expected in the month of October, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand inched up by 0.2 percent in October, matching a revised uptick in September. By Ambar Warrick– Most Asian currencies rose on Wednesday, taking support from more weakness in the dollar as markets awaited the results of the hotly contested… By Saqib Iqbal Ahmed NEW YORK – The dollar advanced against most major currencies on Wednesday, as results so far for the U.S. midterm elections showed little evidence…