USD/JPY holds near 113.60 on steady hand at BoJ
USD/JPY holds near 113.60 on steady hand at BoJ USD/JPY remains on the defensive as the European session approaches and was last seen trading near three-day lows, around mid-113.00. After struggling to find bullish acceptance above the 114.00 mark, USD/JPY sold off on Thursday and reversed the previous day’s FOMC move to monthly highs. A […]
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment WTI flattened its biggest daily rise of the week at the beginning of Thursday, dropping 0.07% to $ 71.30 that day. The recent fall in black gold may be related to cautious market sentiment and various concerns prior to major central […]
The Fed is expected to take a huge step towards raising rates
The Fed is expected to take a huge step towards raising rates The Federal Reserve is, of course, expected to announce dramatic changes on Wednesday, which will pave the way for the first rate hike next year. The market expects the Fed to accelerate its bond purchase program and change its end date from June […]
The Federal Reserve of the United States is bracing itself to face the Inflation Challenge
The Federal Reserve of the United States is bracing itself to face the Inflation Challenge After more than a decade of subdued inflation, a wave of price increases has swept through the US economy, affecting automobiles, housing, and food, and shaking policy makers intent on selling a reassuring message of recovery. President Joe Biden has […]
AUD/USD struggles despite firmer sentiment and bullish iron ore prices
AUD/USD struggles despite firmer sentiment and bullish iron ore prices AUD/USD eased on Friday and recovered to 0.7170 ahead of the European session on Monday. The Australian pair initially welcomed market optimism and news of stimulus from Australia and China to reduce daily losses. Nonetheless, market fears over major events to be announced this […]
XAU/USD rises within the integration area
XAU / USD rises within the integration area Gold (XAU/USD) has maintained its position on the Asian daily chart, where prices have risen since the last week of November. At the time of this writing, XAU/USD were trading at a rise of $ 1,778.54 and 0.18 after rising from a low of $ 1,775.31 […]
Uncertainty Affects Financial Markets
Uncertainty Affects Financial Markets The dollar found some strength during London trading hours, but ended the day lower against most major rivals. The greenback fell despite most European and US indexes closing in the red, and while government bond yields rose to fresh weekly highs. Some profit-taking and the idea that the Fed could ramp […]
AUD/USD holds up to 0.7170 despite new sentiment challenge
AUD/USD holds up to 0.7170 despite new sentiment challenge AUD/USD fell to 0.7120 after hitting a one-week high in Wednesday’s early Asian session. A new challenge to the pre-risk sentiment before is bullish, but the Australian technical breakout of a major hurdle gives buyers hope in a quiet session with no significant data/events. AUD/USD is […]
House prices rise to highest in 15 year
House prices rise to highest in 15 year Home prices rose 3.4% in the three months to the end of November, the biggest increase since the end of 2006, and 8.2% in one year. The average real estate price in the UK broke a new record at £272,992 in November, mortgage lenders said. However, he […]
How might Reserve Bank of Australia decision on Interest rates affect AUD/USD?
How might Reserve Bank of Australia decision on Interest rates affect AUD/USD? As with the first Tuesday of every month, the Reserve Bank of Australia (RBA) is ready to announce its latest monetary policy meeting and interest rate decision around 03:30 GMT. The RBA is expected to keep its benchmark interest rate at 0.10% and […]
Hong Kong and Japanese shares upward thrust above 1% after Wall Street rally on COVID-19 new variant optimism
Hong Kong and Japanese shares upward thrust above 1% after Wall Street rally on COVID-19 new variant optimism Stocks in the Asia Pacific region rebounded on Tuesday and recovered from Monday’s losses as Wall Street raised optimism that the risks of Omicron options may not be as severe as they feared. Shares in Hong Kong’s […]
Saudi oil prices surged by more than $1 a barrel
Saudi oil prices surged by more than $1 a barrel Oil raised more than $1 a barrel on Monday as key exporter Saudi Arabia raised the price of crude it sells to Asia and the US and indirect talks to resume a nuclear deal with Iran appeared to have stalled. 4,444 February Brent futures were […]
NZD/USD stays directed towards 0.6710 supports after softer China data, US NFP eyed
NZD/USD stays directed towards 0.6710 supports after softer China data, US NFP eyed NZD/USD remained bearish near the intraday low of 0.6786 since the Chinese Caixin PMI released early on Friday. At the same time, the kiwi pair reflects disappointing market sentiment and also responds to soft data ahead of key data on US non-farm […]
Global stocks falter as Didi delisting raises concerns of China in US
Global stocks falter as Didi delisting raises concerns of China in US Stocks tumbled on Friday after Chinese giant Didi announced that it would be delisting in New York, sparking new concerns about tensions and tech regulations in China, while Omicron oil prices fell for the sixth straight week and fears of a rate hike […]
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 […]
Options market USD/CAD turns most bearish in last two weeks & expecting volatility in future
Options market USD/CAD turns most bearish in last two weeks & expecting volatility in future WTI crude fell to $70.40 in an early two-day rally on Tuesday. While the 2-day symmetrical triangle limits Black Gold’s recent move, adding 50 HMA to the RSI’s decline and the upper barrier is encouraging for sellers. However, a clear […]
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Try Out Best Online Forex Trading Company that Does All Though it’s going to be a tough approach regarding the forex world, the online forex trading scene is different from the others. It’s not like taking a course and then selling it for profits, it’s about the selling of the currencies of your choice at the right […]