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SHANGHAI/BEIJING -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, three sources… By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Monday at the start of a pivotal week which includes several central bank policy-setting… dotbig investments By Ambar Warrick Investing.com– Most Asian currencies moved little on Tuesday as markets hunkered down ahead of several major central bank meetings this week, while the… With the RBA only hiking rates by 25bps at each of the last two meetings, the RBNZ is the more hawkish of the two central banks.

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Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week. SoFi Technologies stock jetted ahead in Tuesday’s premarket after the neo bank reported the bare minimum of an earnings beat. CME Group, the world’s leading derivatives marketplace, today announced the first day of trading of a new suite of overnight index futures based on the Euro Short-Term Rate (€STR). €STR futures provide an efficient way to hedge European money market rates, with contracts including €STR 3-Month futures and €STR 3-Month Single Contract Basis Spread futures, …

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US stocks point to a weaker open after strong gains last week as investors question whether the Fed will adopt a softer stance to monetary policy after November. Canadian shares are set to open on a positive note on Tuesday, tracking gains in European markets and firm commodity prices. dotbig sign in A report released by the Institute for Supply Management on Tuesday showed a slight increase in U.S. manufacturing activity in the month of October.

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Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trading Wednesday, trading near a three-week low, as traders reacted to more U.S. economic weakness as… By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI – China’s digital yuan took the centre stage in the world’s largest cross-border central bank digital currency … BRASILIA – Brazil’s central bank on Thursday said it would hold auctions starting on Friday to roll over $15.1 billion in traditional currency swaps maturing on Dec…. Keep track of the latest currency market moves as they develop. dotbig.com testimonials Stay up-to-date on breaking forex news as well as relevant financial developments.

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Will the Fed consider an ECI reading of 1.2% to be “uncomfortably higher”? Also, the Fed’s favorite measure of inflation is back up to levels not seen since March. US Manufacturing PMI comes in hot as traders prepare for tomorrow’s FOMC meeting. dotbig review Cardano shows an interesting situation that presents opportunities regardless of the breakout direction. https://kellerlogistics.com/ If investors plan to trade ADA, they need a comprehensive understanding of the triggers. European Central Bank President Christine Lagarde said the peak of the current cycle of interest-rate increases must ensure that inflation returns to the 2% target over the medium … Breaking news is defined as new information that has market-moving potential.

  • By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Friday ahead of the release of key inflation data, while the Japanese yen edged lower after the…
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  • Australia’s central bank raised its benchmark interest rate on Tuesday, for a second consecutive meeting and repeated the guidance that rates will be lifted further based on incoming data.
  • Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy.
  • By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI – China’s digital yuan took the centre stage in the world’s largest cross-border central bank digital currency …

USD/MXN Stuck in Horizontal Channel, Breakout Could Spark Next Big MoveThe USD/MXN has been trading inside a horizontal channel since the beginning of the month, but a powerful breakout could be just around the corner. NZD/USD Outlook Mired by Failure to Clear October Opening RangeNZD/US may struggle to retain the advance from earlier this month if the exchange rate fails to clear the October high (0.5814). 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.

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A carry trade is a trading strategy that involves borrowing a low-yield currency and investing in a high-yielding asset to exploit the interest rate differential. Carry trades are most common in forex trading with traders borrowing the low interest Japanese yen to buy higher interest currencies. Learn what currency pairs work best and how to execute the strategy yourself in our full guide.

ForexNews.World delivers real time updated and market research. dotbig broker 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. dotbig contacts MyForexNews.com brings the freshest and most relevant financial market news. From stocks to forex, commodities to the economy—we got you covered! We also provide educational materials and broker reviews for professional and aspiring traders to up their game. 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.

Under the direction of the Asian Consultative Council of the BIS, in April 2021 the BIS Representative Office for Asia and the Pacific established a Study Group on "Foreign exchange markets in Asia-Pacific". The Study Group comprises members from the central banks and monetary authorities of Australia, China, Hong Kong SAR, India, Indonesia, Korea, … DotBig By Peter Nurse Investing.com – The US dollar stabilized in early European trading Thursday, after overnight losses, while the euro pushed above parity ahead of an expected jumbo… dotbig MOSCOW -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to the central bank’s decision to leave interest rates…

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SHANGHAI – The yuan briefly touched a 1-1/2-week high against the dollar before giving back all the gains by midday on Thursday as Chinese cities tightened curbs against… By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global… TOKYO – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency market. Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. All breaking news is rated high , medium , or low depending on the how much it impacted the market. Financial technology company Blucora, Inc. reported Tuesday a net loss for the third quarter that narrowed to $21.84 million or $0.46 per share from $27.80 million or $0.57 per share in the prior-year quarter.

By Peter Nurse Investing.com – The U.S. dollar stabilized at lower levels in early European trading Tuesday as traders factored in a potentially less hawkish Federal Reserve,… dotbig website SHANGHAI/BEIJING – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on Tuesday to prop up the weakening yuan, two… By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Friday ahead of the release of key inflation data, while the Japanese yen edged lower after the… Asian equity markets traded higher, led by the rebound in Chinese tech stocks, with the Hang Seng index gaining more than 5%. While reporting financial results for the third quarter on Tuesday, Zebra Technologies Corp. provided its adjusted earnings and adjusted net sales growth guidance for the fourth quarter, well below analysts’ estimates.