By Peter Nurse Investing.com – The U.S. dollar rose in early European trading Wednesday, climbing near a 20-year high as Russian President Vladimir Putin raised tensions over… By Ambar Warrick Investing.com– The U.S. dollar jumped https://www.forex.com/ to a new 20-year high against a basket of currencies on Thursday, extending gains after the Federal Reserve raised interest… It was a messy rate decision but the net response after the close of the presser is very clear.
All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Ambar Warrick Investing.com– China’s yuan sank further below key levels on Monday after more monetary easing in the country, while broader Asian currencies tumbled in… SHANGHAI – China’s yuan is facing renewed downward pressure, dragged lower by a surging U.S. dollar, a hawkish Federal Reserve and widening monetary policy divergence…
By Alun John LONDON – The Japanese yen strengthened on Thursday after authorities intervened in the foreign exchange market to… Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking dotbig investments as well as relevant financial developments. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
- 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 .
- Keep track of the latest currency market moves as they develop.
- Stocks edged lower on Thursday as investors digested the Fed’s hawkish comments and looked ahead to the BoE rate decision later in the day for directional cues.
- By Alun John LONDON – The Japanese yen strengthened on Thursday after authorities intervened in the foreign exchange market to…
- Federal Reserve officials announced another big rate hike and reiterated their support for further interest-rate hikes to curb rampant inflation reaching a 40-year high.
- Canadian shares are likely to open on a mixed note on Thursday, with investors continuing to assess the likely impact of the sharp interest rate hikes by the Fed, and the Bank of England, on global economic growth.
Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. TOKYO – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s decision to… Stocks head lower as nerves set in ahead of the Fed’s rate decision tomorrow and after the Swedish central bank Forex news hiked rates by 1%, ahead of forecasts. BUENOS AIRES – Argentina’s central bank has tightened access to the foreign exchange market by soybean exporters as it decided they are no longer allowed to trade on… 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.
Japanese Yen Gains Ground Following Boj Intervention
The price of gold may continue to defend the September range as the Relative Strength Index appears to be reversing ahead of oversold territory. If the inflation components are higher than expected, watch for a possible tape-bomb from the Wall Street Journal that the Fed is “more likely” to hike 100bps. While reporting financial results for the fourth quarter on Thursday, professional services company Accenture plc initiated earnings and revenue growth outlook for the full-year 2023, and also provided revenue outlook for the first quarter. While reporting financial results for the fourth quarter on Thursday, FactSet Research Systems, Inc. initiated its earnings and revenue outlook for the full-year 2023. By Fergal Smith TORONTO – The Canadian dollar slumped to a two-year low against its U.S. counterpart on Wednesday before paring its decline, as investors weighed the… TOKYO – Japan has not intervened in the currency market yet but will “most certainly” do so when necessary, the country’s top currency diplomat, Masato Kanda, said on… The Japanese Yen spiked lower as the Bank of Japan stuck close to a familiar script with its monetary policy announcement, cooling worries about FX intervention.
Canadian shares are likely to open on a mixed note on Thursday, with investors continuing to assess the likely impact of the sharp interest rate hikes by the Fed, and the Bank of England, on global DotBig LTD economic growth. LONDON/TOKYO -Japan intervened in the foreign exchange market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s…