Category: Forex News
ISM PMI Offers Upside Surprise, Remains in Expansion Territory
US PMIs, Federal Reserve, US Dollar – Talking PointsUS ISM MANUFACTURING PMI ACTUAL 50.2 (FORECAST 50, PREVIOUS 50.9)US Dollar Index shifts course, s [...]
EFCC raids black market forex offices as Naira falls rapidly
Operatives of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid [...]
WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount
Recommended by Zain Vawda
Understanding the Core Fundamentals of Oil Trading
WTI Fundamental OutlookCrude Oil is on th [...]
WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount
Recommended by Zain Vawda
Understanding the Core Fundamentals of Oil Trading
WTI Fundamental OutlookCrude Oil is on th [...]
Bitcoin (BTC) Prices Stumble into Technical Support Ahead of FOMC
Bitcoin (BTC/USD) News and Analysis:Bitcoin (BTC) prices fall to significant support at $20500BTC/USD struggles to clear technical levels of support [...]
Selling EUR/GBP at the 20 SMA After the Retreat Higher
The GBP has remained slightly bid across the board recently, buoyed by the positive impact of the appointment of Rishi Sunak as the UK Prime minister. [...]
USD/JPY Slips Back As Market Looks To Fed Chair Powell
USD/JPY, US Federal Reserve, Bank of Japan, Inflation—Talking PointsUSD/JPY has seen record monthly levels of official interventionHowever the Japanes [...]
Dollar slides further amid strong bid in bonds
The dollar is trading to the lows for the day with USD/JPY now close to clipping 147.00, down over 1% at the moment:There's a lot at stake this week w [...]
EUR/USD Stuck Below Parity, All Eyes Turn to The Fed
EUR/USD Price, Chart, and AnalysisECB President Christine Lagarde doubles down on inflation.In the short term, the Fed will determine the fate of EUR [...]
Bosnia c-bank net FX reserves up 7% y/y in Sept
SARAJEVO (Bosnia and Herzegovina), November 1 (SeeNews) - The net foreign exchange reserves held by the central bank of Bosnia and He [...]
Sony hikes FY profit forecast by 4.5% on foreign exchange boost By Reuters
© Reuters. FILE PHOTO: Sony Corp's logo is seen on its Crystal LED Integrated Structure (CLEDIS) display at its headquarters in Tokyo, Japan, Febru [...]
GBP Dictated by USD Ahead of FOMC
POUND STERLING TALKING POINTSWinter months could weigh on cable.BoE rate hike probabilities favor 75bps but could surprise lower.Rising wedge chart p [...]
Germany September import prices -0.9% vs +0.6% m/m expected
Prior +4.3%Import prices +29.8% vs +31.0% y/y expectedPrior +32.7%This is the first monthly drop in import prices since April 2020, with prices for na [...]
Will Dominant Downtrends Hold Next?
Dow Jones, Nasdaq 100, Trendlines, Ascending Triangle – Technical AnalysisDow Jones, Nasdaq 100 futures face key technical tests nextThey remain in d [...]
Dollar loses traction ahead of mid-tier data
Here is what you need to know on Tuesday, November 1:
The dollar is having a difficult time finding demand on Tuesday with marke [...]