Learn how to trade forex in a fun and easy-to-understand format.

Banks extended CNY 1.21 trillion in new yuan loans in November, figures from the People’s Bank of China showed. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. I teach my students how to become a professional Forex Trader, to understand how markets really work, to make profits while the markets are moving down and everyone is in panic mode. My purpose is to help you generate monthly profits, and a commitment to the success of my students. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey. By Ambar Warrick Investing.com– Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from…

Countertrend scalping the SHIB price could become problematic as the potential for a strong sell-off lingers underneath the notorious meme coin’s hood. Get expert reaction to latest market news and seize potential opportunities. Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month… If Core PCE continues to fall over https://www.forex.com/ the coming months, the Fed may end up hiking rates less than it expects, or even cutting rates before the end of next year. USD/JPY is one of the more interesting pairs to watch in this data-light session, as it tests a key support level. Although it had an immediate impact on the markets once it was released, the PPI print alone shouldn’t have too much influence on the FOMC decision.

  • Learn how to trade forex in a fun and easy-to-understand format.
  • It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider.
  • OANDA Securities, the Japanese subsidiary of online broker OANDA Corporation, announces changes to the margin requirement for trades in two currency pairs for holders of corporate accounts.
  • Price is being squeezed with the apex of the triangle approaching, a breakout is imminent.
  • Although it had an immediate impact on the markets once it was released, the PPI print alone shouldn’t have too much influence on the FOMC decision.

How to make sense of world News and Markets, and how it affects the currency pairs you choose to trade. Determine significant support and resistance levels with the help of pivot points. 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… 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…

Cryptocurrency investors tie their hopes to 2023 after a disappointing year

The above visualization from James Eagle shows the yield … Breaking https://twitter.com/forexcom?lang=en news is defined as new information that has market-moving potential.

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The Malaysia stock market moved lower again on Monday, one session after ending the five-day losing streak in which it had slumped more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,475-point plateau, although it’s expected to rebound again on Tuesday. Long-term yields are heading lower amid investor concerns that the Fed could overshoot with its rate hikes, leading to more economic challenges. All breaking news is rated high , medium , or low depending on the how much it impacted the market. XAU/USD Seeks Rising Wedge BreakoutSpot gold has been at the mercy of the US dollar and will continue to do so while XAU/USD considers bearish breakout potential. Anything and everything related to forex news – we bring it here for you on one platform. Free market economies, sometimes shortened to just market economies, describe nations whose financial systems are largely regulated by freely moving market forces of supply and demand.

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By Gertrude Chavez-Dreyfuss NEW YORK – The dollar gained against most currencies on Monday in choppy trading ahead of key data expected to show U.S. inflation moderating… The U.S. dollar climbed higher against most of its major counterparts on Monday, ahead of the crucial U.S. inflation data, and the Federal Reserve’s policy announcement, due on Tuesday and Wednesday, respectively. OANDA Securities, the Japanese subsidiary of online broker OANDA Corporation, announces changes to the margin requirement for trades in two currency pairs for holders of corporate accounts. The change will affect trades in NZD/USD and AUD/USD. From the start of trading on December 19, 2022, for corporate accounts on the Tokyo server and NY server, the … For more forex news beyond what is offered on CFDTrading, check out Forex Factory, FX Empire, and ForexLive.

It’s a busy week for market players everywhere as we price in FOUR central bank decisions and a few key inflation and labor market reports. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of the blogs or other sources of information is to be https://dotbigbroker.com/ considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.

RBA hike rates by 25bp, more hikes to follow

However, the chances of a recession that markets price in continue to rise, as evidenced from the bond prices recovery and dollar sell-off. This broker DotBig undermines the Fed’s efforts to ease price pressures. For those who pay attention to moving averages, EURNOK may be of particular interest.

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By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Thursday, as traders sought out this safe haven amid uncertainty over the global economic… By Patrick Werr CAIRO – The gap between the official rate of the Egyptian pound against the dollar and the price on the black market has widened further, putting… The South Korea stock market turned lower again on Monday, one session after halting the five-day losing streak in which it had tumbled almost 110 points or 4.5 percent. The KOSPI now rests just beneath the 2,375-point plateau although it figures to bounce higher again on Tuesday.

By John McCrank NEW YORK – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked… By Saqib Iqbal Ahmed NEW YORK – As the U.S. dollar tumbles from multi-decade highs, broker DotBig some investors are betting emerging market currencies will be big winners from a… By Caroline Valetkevitch NEW YORK – The U.S. dollar was up slightly against the euro and yen on Tuesday as U.S. stocks sold off, while investors were trying to position…

Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. In our crypto guides, we explore bitcoin and other popular coins and tokens to help you better navigate the crypto jungle. Learn how to trade forex in a fun and easy-to-understand format. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this broker DotBig website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Yasin Ebrahim Investing.com – The dollar’s joyride on the back of the strong November jobs report Friday ran out of steam, but the bears aren’t likely to squeeze the greenback…