By Yasin Ebrahim Investing.com – The pound steadied Tuesday after plunging to a record-low a day earlier, but the respite is likely to run out of steam as some doubt whether a… By Ambar Warrick Investing.com– Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and… By Mike Dolan LONDON – Perhaps remarkably, some of the world’s major economies still hold at least part of their rainy-day savings in sterling and British government… By Harry Robertson LONDON -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would step in to calm the UK’s frenzied…
Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking as well as relevant financial developments. However, the inconspicuous comments by the central bank left EUR/CHF weary as to if there are more to come.
Submit News
None of the blogs or other sources of information is to be 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. As with all such advisory services, past results are never a guarantee of future results. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.
First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low in the week ended September 24th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims slipped to 193,000, a decrease of 16,000 from the previous week’s revised level of 209,000. By Ambar Warrick Investing.com– The British pound jumped from record lows on Tuesday as local Treasury yields surged, with the focus now turning squarely to potential policy… By Ambar Warrick Investing.com– The Chinese yuan slumped to its weakest level since the 2008 financial crisis on Wednesday, as a flurry of hawkish comments from Federal Reserve… JAKARTA – Indonesia’s central bank has continued with its “triple intervention” to guard against excessive falls in the rupiah exchange rate, with a focus on intervening… By Peter Nurse Investing.com – The safe-haven U.S. dollar soared to a new 20-year high in early European trading Wednesday, as more hawkish Fed speak and rising Treasury yields… By Elizabeth Howcroft LONDON – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday,…
Fomc As Expected; Markets Extremely Volatile During Presser
SHANGHAI -China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008,… 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. MUMBAI – The Indian central bank likely sold dollars via state-run banks on Wednesday as rising Treasury yields and mounting Forex risk aversion pushed the rupee to a record… BTC appears to be playing games with investors in move that see price action repeatedly undermined. Earlier in the week, the flagship cryptocurrency jumped to $20,200 but immediately snapped out of the northbound move to test support at $18,500. And that has seen the yuan weaken to 7.2 against the US dollar, a level not seen since 2008. Trade 9,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more.
- Lower Canadian and U.S. futures and weak bullion prices point to a negative opening for Canadian shares on Thursday.
- MUMBAI – The Indian central bank likely sold dollars via state-run banks on Wednesday as rising Treasury yields and mounting risk aversion pushed the rupee to a record…
- By Sinéad Carew and Alun John NEW YORK/LONDON – The dollar made little progress in a choppy session on Tuesday while appetites for riskier bets were still weak as…
- Build your confidence and knowledge with a wealth of educational tools and online resources.
Take control of your trading with powerful trading platforms and resources designed to give you an edge. Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy. Russia will formally annex four regions of Ukraine partially controlled by its military, the Kremlin announced Thursday, in a major political escalation of the war against its … You have probably seen and/or heard dozens of market commentators discuss their views on where the S&P 500 bottoms in the current market cycle. Others think the index might make its lows at 3,400 or 3,000 or even lower still. This is an important debate for every investor, even those who do not own US stocks. Breaking news is defined as new information that has market-moving potential.
Nz Business Sentiment Is Less Dire, Rbnz Hint At Rate Cycle High
Stay informed with real-time market insights, actionable trade ideas and professional guidance. Real gross domestic product decreased at an annual rate of 0.6 percent in the second https://www.ig.com/en/forex quarter of 2022 , according to the “third” estimate released by the Bureau of Economic Analysis. The third estimate of GDP released today is based on more complete source …
China Ready To Intervene In Usd
By Sinéad Carew and Alun John NEW YORK/LONDON – The dollar made little progress in a choppy session on Tuesday while appetites for riskier bets were still weak as… By Laila Bassam, Timour Azhari and Tom Perry BEIRUT – Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with a… Major U.S. equity indices rallied as US Treasury yields and USD tumbled after the Bank of England announced an emergency plan to stabilize the bond market.
Copper Rebound Chances Fade on Weak Demand and Rising SupplyCopper prices look doomed to continue languishing over the near term. A depressed economic outlook is likely to weigh on prices even on a protracted US Dollar pullback. Biotechnology company Moderna, Inc. announced Thursday that it has expanded the Executive Committee to prepare for multiple upcoming new product launches. Effective January 1, 2023, Juan Andres will step into a new role as President, Strategic Partnerships and Enterprise Expansion, and will focus on building DotBig company out the organization to support the growing pipeline. In this role, he will continue to serve on the Executive Committee and report to Chief Executive Officer Stéphane Bancel. By Ambar Warrick Investing.com– Most Asian currencies rose slightly on Tuesday as the dollar paused its rally below 20-year highs, while the Chinese yuan fell to a new two-year… By Fergal Smith TORONTO – As higher borrowing costs slow Canada’s outsized housing market, investors are betting the Bank of Canada will raise interest rates to a lower…