Trading News & Analysis for Forex, Commodities and Indices

The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.15 percent. The Jakarta Composite Index now rests just beneath the 7,100-point plateau although it’s expected to turn lower again on Tuesday. dotbig broker 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.

  • The tone set by the removal of forward guidance and the lack of information regarding QT led the markets to believe this was a dovish hike.
  • USD/JPY may continue to retrace the decline from the monthly high (151.94) as the Federal Reserve is expected to maintain its existing approach in combating inflation.
  • The Thai stock market has moved higher in three straight sessions, gathering almost a dozen points or 0.8 percent along the way.
  • Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE.
  • Get expert reaction to latest market news and seize potential opportunities.

The Bank of Canada has raised rates by 50bps vs an expectation of 75bps. testimonials In doing so, the central bank said that more rate hikes are yet to come. ForexNews.World delivers real time updated forex news and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies.

Ontology Price Analysis: ONT Regains its Momentum Post the Bleak Period,…

The Thai stock market has moved higher in three straight sessions, gathering almost a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,610-point plateau although it may run out of steam on Tuesday. China’s manufacturing activity continued to shrink in October, albeit at a slower pace, as Covid-19 outbreaks and consequent tightening of prevention measures dampened production and demand. The Caixin manufacturing Purchasing Managers’ Index rose to 49.2 in October from 48.1 in the previous month, data from S&P Global showed on Tuesday. MOSCOW – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable month-end tax payments period drew close, while investors… dotbig 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… dotbig sign in By Peter Nurse – The US dollar stabilized in early European trading Thursday, after overnight losses, while the euro pushed above parity ahead of an expected jumbo…

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The manufacturing sector in Taiwan continued to contract in October, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a 13-year low manufacturing PMI score of 41.5. The manufacturing sector in South Korea continued to contract in October, albeit at DotBig broker a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.2. Indian shares look set to open a tad higher on Tuesday, as investors react to the latest earnings results and await the outcome of a two-day policy meeting of the U.S.

China Caixin / Markit manufacturing PMI due today – preview

Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. In this week’s edition, we are getting technical on the USD/CNH, Gold and S&P 500.

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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. Australian shares have lifted moderately in afternoon trade, ahead of the the Reserve Bank’s latest interest rate decision.

The Hang Seng Index now sits just beneath the 14,690-point plateau and it’s tipped to open under pressure again on Tuesday. dotbig website The Australian dollar retreated against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised interest rate by a modest 25 basis point for the second straight meeting. 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 John McCrank NEW YORK – Sterling rallied to a six-week high on Tuesday on improved risk sentiment as Rishi Sunak became Britain’s prime minister, while the dollar…

First Data and Bank of America End Their Payments Partnership

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.

Two trades to watch: DAX, USD/JPY

€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, … dotbig ltd The Hong Kong stock market has moved lower in consecutive trading days, stumbling more than 740 points or 5 percent in that span.

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GLE Markets Review

Stay up-to-date on breaking forex news as well as relevant financial developments. CAD/JPY has defied weaker oil prices, mostly thanks to a weaker yen and higher equity prices ahead of today’s inflation report. 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).

Uptrend Center ReviewThe Uptrend Center is a brokerage with a web-based trading platform. The brokerage deals with CFDs and offers a minimum deposit of $250. It has potent trading conditions wrapped in an accessible and easy-to-use DotBig company bundle. 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.