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. Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying https://forexreviewdaily.com/ workable zones of support and resistance requires a bit of subjectivity. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. 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. First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 15th, according to a report released by the Labor Department on Thursday.
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This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates… Forex brokers With CPI due out of the UK and Japan this week, as well as the threat of BOJ intervention, GBP/JPY could continue to be volatile.
Tesla reported mixed third-quarter results, topping EPS expectations but missing on revenue and margin estimates, sending the company’s stocks lower in extended https://www.ig.com/en/forex trading. With the Fed raising 75bps at its September meeting, the FOMC Minutes noted that the risks of doing too little outweighed the risk of doing too much.
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By Ambar Warrick Investing.com– Most Asian currencies fell on Friday and were set to end the week lower as hotter-than-expected U.S. inflation drove up fears of more hawkish… By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trading Friday after the release of another hot U.S. inflation number, while sterling retreated from… Government bonds extended their rally on Friday after Prime Minister Liz Truss fired Kwasi Kwarteng as Chancellor of the… By Leika Kihara WASHINGTON -Japan’s top currency diplomat Masato Kanda on Friday said authorities are ready to take decisive action in the currency market if excessive…
- By Karen Brettell NEW YORK – The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after…
- The Philly Fed said its diffusion index for current activity inched up to a negative 8.7 in October from a negative 9.9 in September, but a negative reading still indicates a contraction.
- The Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued contraction in regional manufacturing activity in the month of October.
- The BoJ targets 10-year Japanese government bond yield of zero percent, with a cap of 0.25 percent.
- Government bonds extended their rally on Friday after Prime Minister Liz Truss fired Kwasi Kwarteng as Chancellor of the…
By Karen Brettell NEW YORK – The dollar dipped against a basket of major currencies and sterling jumped on Monday after Britain’s new finance minister ditched most of… forex4you com By Ambar Warrick Investing.com– Most Asian currencies moved little on Tuesday as the dollar steadied from overnight losses, while the New Zealand dollar surged after…
By Karen Brettell NEW YORK – The dollar hit the symbolic level of 150 yen for the first time since 1990 on Thursday, while the British pound rose as Liz Truss said she… The Bank of Japan conducted an unscheduled bond buying operation on Thursday after the benchmark bond yields exceeded the ceiling. The BoJ targets 10-year Japanese government bond yield of zero percent, with a cap of 0.25 percent. The central bank held bond buying operations as the yield rose to https://forexreviewdaily.com/forex4you/ 0.255 percent on Thursday. The Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued contraction in regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current activity inched up to a negative 8.7 in October from a negative 9.9 in September, but a negative reading still indicates a contraction. Gold trades around $1,632 after peaking at $1,645.60 amid a weaker dollar earlier today.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. CAD/JPY has defied weaker oil prices, mostly thanks to a weaker yen and higher equity prices ahead of today’s inflation report. Note that the content https://forexreviewdaily.com/ on this site should not be considered investment advice. 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.
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By Ambar Warrick Investing.com– Most Asian currencies moved little on Wednesday as hawkish comments from Federal Reserve officials helped stem recent losses in the dollar, while… Despite spending much of the day’s trading session in negative territory, European stocks closed broadly higher on Thursday, reacting to the U-turn in the British fiscal plan and Prime Minister Lizz Truss’s decision to resign from her post.
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All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Ambar Warrick Investing.com– Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to…
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Talk of peak inflation was short-lived following release of Q3 inflation for New Zealand, with the annual rate sticking near its highs and the quarterly rate accelerating. The RBA meets more often than many of its peers, and therefore, it felt justified in only raising rates by 25bps on October 4th. The future of both the Conservative party and the UK government remains unclear. In the coming days, we’ll be finding out more information on the leadership contest and whether a general election could follow. Trading Triangles in Price Action In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers or sellers . By Leika Kihara WASHINGTON – Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week’s meetings of global finance… By Tetsushi Kajimoto TOKYO -Japanese authorities kept up their verbal warnings to the market on Monday of a firm response to any overly rapid yen declines, after a…
Demand for crypto, despite the storm
By Saqib Iqbal Ahmed NEW YORK – The U.S. dollar edged higher against a basket of currencies on Tuesday, shaking off some of the weakness of the previous session, but a… Forex brokers By Chang-Ran Kim and Leika Kihara TOKYO -Japanese authorities repeated their warnings about the yen’s precipitous fall against the dollar on Wednesday, with Finance…
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. Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. By Peter Nurse Investing.com – The U.S. dollar edged higher in early European https://forexreviewdaily.com/forex4you/ trading Wednesday, bouncing from a two-week low, while sterling slipped back after U.K. By Karen Brettell NEW YORK – The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after… By Leika Kihara and Daniel Leussink TOKYO -Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of…