USD/JPY pair may return to 113.00 amid falling yields
USD/JPY pair may return to 113.00 amid falling yields USD/JPY rebounded to 113.00 during its first open in Tokyo on Thursday, struggling to defend its first of a three-day advance. The yen appears to be receiving signals from the dollar’s rebound and a surge in global market volatility reflecting recent moves. But the Fed’s next […]
Post-sell stock futures rally triggered by Omicron for the first time in the US
Post-sell stock futures rally triggered by Omicron for the first time in the US U.S. stock index futures moved slightly higher in trading Wednesday night after the CDC confirmed the first known case of an Omicron variant in the United States, lowering the stock price. 4,444 contracts, which are tied with the Dow Jones Industrial […]
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation Former Treasury Secretary Jacob Liu told reputed news firm on Tuesday that lifting tariffs on goods during the worst trade war would help reduce US inflation. However, he now tells that “there is no political space for him.” “I […]
No Rate Hike – RBA Gov Lowe
No Rate Hike – RBA Gov Lowe The Reserve Bank of Australia board is evaluating the move as early as June next year for financial markets but continues to believe that a rate hike will not be necessary until 2024 given local wage momentum and inflation. Key Notes – • RBA governor says official rate […]
Best Currency Pairs to Trade and Live Happily Ever After
Best Currency Pairs to Trade and Live Happily Ever After It is so natural to get confounded in the realm of monetary instability and various resources that the FX market offers for exchanging. We know what you feel! Regularly beginners and other less experienced dealers select the easiest way by alluding to the most exchanged […]
The EUR/USD pair is unchanged daily and may soon resume its slide
The EUR/USD pair is unchanged daily and may soon resume its slide. EUR/USD is moving downwards. As of late, EUR/USD bounced off the resistance zone of 1.16300. The EUR/USD pair is unaltered consistently and may before long resume its slide. The day-by-day chart shows that the pair met dealers around an immovably negative 20 […]
Fed’s Harker says not expecting rate hikes until late 2022, or early 2023
Fed’s Harker says not expecting rate hikes until late 2022, or early 2023 The US Securities and Exchange Commission is supposed to be not restricting BTC prospects ETF exchanging, this makes room for dispatch. The news comes using different sources. After mulling sub-US$ 58K and towards $57K for a significant part of the meeting this […]
What tools are considered high-risk, and why do traders choose them?
What tools are considered high-risk, and why do traders choose them? Present-day financial backers have a wide selection of instruments: from exemplary stocks and bonds to cryptographic money and IPO. Nonetheless, two fundamental associated models remain while picking them: hazard and productivity. As per the degree of hazard, all venture instruments can be separated into […]
Xtreamforex Fundamental Market Update 16 September
EURUSD EUR/USD edges higher around 1.1820, keeping the momentary bullish banner flawless, during Thursday’s Asian meeting. In doing as such, the significant money pair additionally remains over 200-SMA amid a peppy Momentum line. While the bulls are intended for additional potential gain, the obstruction line of the expressed bullish arrangement joins 50-SMA to challenge the […]
EUR/USD: Bears pressuring critical hourly pivot
EUR/USD: Bears pressuring critical hourly pivot Generally, EUR/USD is going across. As of late, EUR/USD broke over the critical resistance of 1.18 after the arrival of the frustrating U.S. CPI information, making USD weaken. The negative pressing factor could increment with a day-by-day close underneath 1.1790, where the 200-period SMA and the Fibonacci half retracement […]
Xtreamforex Fundamental Market Update
EURUSD EUR/USD pair remained moderately calm during the European exchanging hours on Tuesday. With the greenback going under humble selling pressure in the early American meeting, the pair acquired footing and arrived at a day high of 1.1846. The information distributed by the US Bureau of Labor Statistics uncovered on Tuesday that expansion in the […]
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780 Generally speaking, EUR/USD is moving upwards. As of now, EUR/USD is trying to break over the critical resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. If EUR/USD breaks over the vital resistance of 1.18, […]
US President Biden to decrease hospitalizations and deaths
Xtreamforex Asia FX news wrap: US President Biden to decrease hospitalizations and deaths The heads of China and the US represented the first run-through in going on 7 months today, the readout from the US side said it was a ‘wide, essential conversation’. Those are the conversations you have when you can’t concur on much […]
Xtreamforex Fundamental Market Update
Xtreamforex Fundamental Market Update EUR/USD The EUR/USD pair fell indeed this Wednesday, lining at 1.1801, a new week-by-week low. It right now exchanges the 1.1820 value zone, simply over the 38.2% retracement of its most recent everyday advance. The dollar kept up with its solidarity for the day, surrendering only humbly in front of them […]
Xtreamforex Fundamental Market Update 8 September 2021
Xtreamforex Fundamental Market Update EUR/USD The EUR/USD pair edged lower for a second back-to-back day, finishing Tuesday in the 1.1840 value zone. The dollar built up speed as the day passed by, among financial backers moving away from high-yielding resources. Values were down in Europe and the US, albeit the NASDAQ Composite figured out how […]
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday Generally, EUR/USD is moving upwards. As of late, EUR/USD rebounded off the resistance zone of 1.19000. Measuring the most recent bullish run between the year low at 1.1663 and the post-NFP high at 1.1908, the 23.6% retracement is situated at 1.1850, the quick help […]
Bitcoin dumped from $40,000 to sub-$37,000
Bitcoin dumped from $40,000 to sub-$37,000 Major forex rates were curbed today, exchanging tiny reaches and there is the minimal net change from late US levels. Watching the Olympics is by all accounts on numerous plans, particularly while anticipating the Federal Reserve’s Federal Open Market Committee articulation and Powell’s question and answer session on Wednesday […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]