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  • US futures rise as attention shifts to earnings and Bank of America impresses.
  • Experience award-winning platforms with fast, reliable execution and enjoy tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K).
  • However, the government’s strict Covid curbs are still there…
  • Based on today’s NFP report, the US jobs market is still strong and should lead to more rate hikes by the Fed.
  • The publication was initially scheduled to be released on Tuesday.
  • By Ambar Warrick Investing.com– Asian currencies fell further on Wednesday amid growing fears of a global recession, while the dollar continued its ascent on safe haven demand…

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By Leika Kihara WASHINGTON -Bank of Japan Governor Haruhiko Kuroda said on Wednesday fast and one-sided moves in the yen would be bad for the economy, signalling the… By Leika Kihara WASHINGTON -Finance leaders of the Group of Seven advanced economies said on Wednesday they will closely monitor "recent volatility" in markets, and… dotbig website 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 .

Brent crude oil prices are indicative of an uncertain market due to conflicting supply and demand factors as we look to close out 2022. The DXY is moving to the 50% retracement level of the September 28th highs to the lows of October 4th. dotbig review Unless there is a surprise in the markets before then, DXY is likely to sit near these levels until the data is released.

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… dotbig.com China delayed the publication of its third quarter GDP data on Monday without providing any explanation for the postponement as the release coincided with the 20th party conference of the ruling Communist Party. The publication was initially scheduled to be released on Tuesday.

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. dotbig ltd Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. 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. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. dotbig broker We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

Swiss Market Ends Sharply Higher On All

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forex news

A report released by the Federal Reserve Bank of New York on Monday showed regional manufacturing activity has contracted by more than expected in the month of October. The New York Fed said its general business conditions index slid to a negative 9.1 in October from a negative 1.5 in September.

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By Ambar Warrick Investing.com– The Japanese yen hit a new 24-year low to the dollar on Wednesday, ramping up expectations of more currency market intervention by Tokyo to… By Tetsushi Kajimoto and Mariko Katsumura TOKYO -Japan’s policymakers continued to warn investors on Wednesday against selling the yen, as the dollar rose to a fresh…

Gbpusd Backs Up Into A Broken Target Support Area

TOKYO – There are no changes to Japan’s position that it will act resolutely in case of volatility in the currency market, the Kyodo news agency quoted Japan’s Finance… Stay up to date with the financial markets everywhere you go. dotbig company Gold is in recovery mode on Monday, trading at around $1,658 after bottoming at $1,640.14 on Friday. The Dollar is under selling pressure at the weekly opening on the back of easing Treasury yields. dotbig contacts Market players are looking at the UK and the latest political developments for markets’ direction. Get expert reaction to latest market news and seize potential opportunities. 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.

Shrugging off some somewhat sluggish movements early on in the session, the Switzerland stock market kept surging higher and higher on Monday as buying interest gathered momentum, and eventually ended the day’s session on a buoyant note. dotbig.com testimonials FOMC speakers are back as markets yearn for information following last week’s hot CPI print. US futures rise as attention shifts to earnings and Bank of America impresses. Experience award-winning platforms with fast, reliable execution and enjoy tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K). Traders increased net-short exposure to metals , but also increased their bearish outlook on GBP and JPY futures. The economy needs fresh measures to stimulate domestic spending. However, the government’s strict Covid curbs are still there…

Gold: Uk Political Mess Weighs On The Usd

The quarterly GDP data along with other major economic indicators were marked as "delayed" on the website of NBS. Canadian shares are up sharply around noon on Monday with investors indulging in some hectic bargain hunting across the board, finding values a bit attractive after recent sharp losses.