Forex News

• Excess FX volatility, disorderly moves can hut the economy. By Ambar Warrick Investing.com– Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell,… By Karen Brettell NEW YORK – The U.S. dollar dipped to 16-week lows against a basket of major currencies on Thursday after data showed that U.S. www.hqbroker.com consumer spending… By Fergal Smith TORONTO – The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets on another oversized interest rate hike by the… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday ahead of the release of the widely watched monthly U.S. jobs report which could influence…

• How Central Banks Impact the Forex Market Discover how policies and interest rate hikes of central banks impact forex and trading decisions.
• On the flip side, CAD fared the worst, changing by -0.57%.
• By Ambar Warrick Investing.com– Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell,…
• By Savyata Mishra – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll…

In volatile Monday trading, the Aussie reached a 2-1/2-month peak of $0.6851. XAU/USD Seeks Rising Wedge BreakoutSpot gold has been at the mercy of the US dollar and will continue to do https://forexreviewdaily.com/hqbroker/ so while XAU/USD considers bearish breakout potential. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

German industrial orders recovered more than expected in October, but that failed to strengthening the euro, flat on the day at $1.0500 after on Monday touching its highest level since late June. The American dollar finished Monday with substantial gains after starting the day on the back foot. The Greenback initially fell on the back of news coming from China, as different districts are easing their restrictive COVID-19 measures, https://www.dukascopy.com/swiss/english/forex/trading/ while market talks pointed at further loosening in January. Compared to its peers in the forex, gbpchf gave its buyers a return that ranked 14th in terms of percentage change since yesterday. The pairs that made the biggest moves, on a percentage basis, over the past day were NZDCAD, AUDCAD, and NZDCHF. Note that AUDCHF, ZARJPY, NZDJPY, GBPCHF and EURAUD made especially large and surprising moves over the past day.

Daily Forex News and Watchlist: AUD/CHF

Mr. Cooper, based in Sydney, also joined Axi from OANDA soon after Rajesh Yohannan was hired as CEO. He also previously served as Managing Director – Australia and New Zealand for UK based broker CMC Markets. Structurally, the new “holdco” that was Forex brokers established to effect the Axi buyout is 100% owned by CEO Rajesh Yohannan. However ultimate ownership is divided between Mr. Yohannan, and several of his key management team members, spread across Axi’s offices in Sydney, Singapore, and London.

Price action traders may also wish to note that we see a pin bar candlestick pattern on gbpcad. hq broker Price action traders may also wish to note that we see a pin bar candlestick pattern on gbpjpy.

Canadian Q3 GDP surprises to upside but the Canadian Dollar moves lower

Today’s NFP report is the main event for traders, and the consensus forecasts is for headline job growth to soften to 200k , and the unemployment rate remain at 3.7%. For its part, the IMF in a statement last week had said Pakistan’s “timely finalisation” of a recovery plan from floods was essential to support discussions and continued financial Forex brokers support. Pakistan’s forex reserves stood at a historic low of $7.5 billion for the week ending on November 25 — barely enough to cover a month’s imports. 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.

Alternatively, on a 90 day basis, the strongest trend appears on USDTRY. Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for EURNZD. Trading against the 14 day trend in favor of the 90 day trend may be an opportunity some traders would favor on these pairs. Price action traders will also want to note that a base appears to be forming on USDCHF, AUDUSD, USDSEK, EURJPY, EURNOK and GBPNZD. Price bases often precede increases in volatility and a clear trend. By Karen Brettell NEW YORK – The dollar dipped on Friday as a Federal Reserve official said rate hikes are likely to slow and as investors took profits from earlier…

FOR several months, Iran has been rocked by unprecedented protests, sparked by the death on Sept 16 of Mahsa Amini, … Bajwa has nothing to do with this except becoming a billionaire. When we spend 30% of our budget ONE department and no money for anything else, including flood relief, this is bound to happen. I thought economic wizard Dar was going to revolutionize our economy. No more dash to Mid East or China and lying to the nation about billions in investment and fresh loans. No more call by CoAS to US under secretary for help on IMF programme resumption. Country is going to the dogs and PDM " leaders" only thinking about ways to avoid elections.

Daily Forex News and Watchlist: AUD/USD

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Crude Oil

By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday and the Chinese yuan soared to its highest level since mid-September as relaxation of some of… LONDON – Banks in countries such as Ukraine and Turkey face a "very high" risk from restrictions on capital flows, weak international reserves and a high level of… By Geoffrey https://forexreviewdaily.com/ Smith Investing.com — The euro hit a five-month high against the Russian ruble on Monday, the day on which a long-awaited EU embargo on imports of Russian oil and oil… 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…

Over the past hour, USDZAR stands out as the biggest mover in the forex asset class on a percentage basis, dropping -5 pips (-0.3%). https://forexreviewdaily.com/ Intraday trend traders may wish to note that EURNOK has the strongest trend on the hourly timeframe over the last 20 price bars.

Technical Tuesday: S&P 500, Dollar Index, GBP/USD and Gold

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UK Construction Growth Slows Amid Weak Demand, Recession Worries

Learn how to trade forex in a fun and easy-to-understand format. Price cap another example of Europe shooting its own foot. Touted energy reserve capacity as 95% full, leaves out that Reserve capacity must get https://forexreviewdaily.com/ refilled 4 times during an average … Get expert reaction to latest market news and seize potential opportunities. Investing.com – The EUR/USD pair hardly reacted to the positive European inflation surprise.