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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. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. By Leika Kihara and Tetsushi Kajimoto TOKYO – Japan spent up to a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up… And that has seen the yuan weaken to 7.2 against the US dollar, a level not seen since 2008.

Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy. 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 . By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Pressure on Indonesia’s rupiah is expected to be temporary, a senior Bank Indonesia official said on Thursday,…

By Darya Korsunskaya MOSCOW – Russia estimates the new cut-off price for its budget rule that diverts excess oil revenues into its wealth fund at $62-$63 per barrel and… SHANGHAI – China’s yuan is unlikely to continue depreciating rapidly, the state-owned Securities Times said in a front-page commentary on Thursday, as currencies… DotBig KUALA LUMPUR – The weakening Malaysian ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor… After languishing in the red till well past noon on Monday, European Stocks rallied on hectic buying in the final hour to eventually close on a positive note.

forex news

Stay informed with real-time market insights, actionable trade ideas and professional guidance. 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. 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… By Peter Nurse – The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally… By John Revill ZURICH -The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign currency in market interventions in the second quarter of 2022,… MOSCOW – Russia’s top business lobby called on Friday for the central bank to build up its reserves of the Chinese yuan in a bid to stabilise the rouble, which is…


By Ambar Warrick– Most Asian currencies crept lower on Monday as concerns over worsening global economic growth kept the dollar close to a 20-year peak, while… By Peter Nurse – The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. However, the inconspicuous comments by the central bank left EUR/CHF weary as to if there are more to come. Crude oil has started the session around 3% higher as talk continues to swirl that OPEC+ will announce a hefty production DotBig review cut this week. By Peter Nurse – 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 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… By Sinéad Carew and Alun John NEW YORK/LONDON – After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England’s purchase…

TAIPEI -Taiwan’s central bank said on Wednesday it will not adopt foreign exchange control measures and that foreign exchange management measures are enough to maintain… By Peter Nurse – The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention by the… By Sinéad Carew NEW YORK – The dollar rose against the euro on Friday but pared gains late in a session that was muddied by quarter-end trading while riskier… Canadian shares are likely to open on a positive note on Monday, tracking sharply higher crude oil prices. Shorting the pound is a strategy that makes profit if the price of the British pound falls. To short the pound, you want to enter the trade as close to resistance level as possible. Trade 9,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more.


By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the second quarter, with the… SHANGHAI – Chinese authorities have rolled out an array of tried-and-true manoeuvres in recent weeks to slow the yuan’s slide, showing relative success compared with… Vertiv , a provider of critical digital infrastructure and continuity solutions, announced Monday that Chief Executive Officer Rob Johnson will retire from his position as CEO for health reasons effective December 31, 2022. Biopharmaceutical company Kite, a Gilead Sciences, Inc. company, announced Monday that the U.S. Food and Drug Administration has approved the company’s retroviral vector manufacturing facility in Oceanside, California, for commercial production. Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices. Our goal is to provide traders with all the information and tools they need to trade successfully. Our team of professional traders has been testing Forex brokers for over 12 years and has helped millions of traders find the right broker. We test every broker and rank them based on how well they meet the criteria that traders worldwide are looking for in a Forex broker, and we update our reviews regularly to make sure every trader gets the most relevant information before making a decision. 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. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.

The Pound Is Sent Into The Ground During Thin Asian Trade

By Elizabeth Howcroft LONDON – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday,… By Tetsushi Kajimoto TOKYO -Japan stands ready to take "decisive" steps in the foreign exchange market if excessive yen moves persist, Finance Minister Shunichi Suzuki…

The Crypto Do Kwon Regulation We Deserve Fed Rate Hike Live

As with all such advisory services, past results are never a guarantee of future results. Leveraged trading in foreign DotBig broker currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

By Ambar Warrick– Most Asian currencies fell on Thursday, taking little support from a recent dip in the dollar as fears of rising interest rates and a looming… By Gertrude Chavez-Dreyfuss NEW YORK – Sterling rose sharply in volatile trading on Thursday, rallying from record lows hit on Monday, after the Bank of England… By Alexander Villegas and Natalia A. Ramos Miranda SANTIAGO – Chile’s sliding peso got a shot in the arm in July from a huge $25 billion central bank intervention, but… The UK manufacturing sector shrank again in September as companies cutback production amid falling orders, final survey data from S&P Global showed on Monday. The S&P Global/Chartered Institute of Procurement & Supply manufacturing Purchasing Managers’ Index posted 48.4 in September, up from 47.3 in August.

By Alexander Marrow MOSCOW -The rouble weakened on Friday, giving up huge gains that had seen it soar to an eight-year high against the euro, as investors slashed foreign… By Caroline Valetkevitch and Alun John NEW YORK/LONDON – Sterling jumped against the dollar on Monday after Britain reversed a plan to cut the highest rate of income… The Canadian market is up sharply in positive territory a little past noon on Monday, with stocks extending morning gains thanks to sustained buying interest. After plunging sharply early on in the session on Monday, the Switzerland stock market recovered slowly on bargain hunting and emerged into positive territory in the final hour to eventually close modestly higher. Prospects of some coordinated central bank action and the lack of fresh news may encourage short-side profit-taking… Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support.

Tesla looks set to open sharply lower on Monday as the equity market continues to battle raging storms. Last week was a momentous one in currency markets, and those of us in equity land need to keep note of this. SHANGHAI -China’s yuan bounced on Thursday from a 14-year low against the dollar hit in the previous session, snapping eight straight days of losses, after the central… By Amanda Cooper LONDON – Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil…

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