– The EUR/USD pair hardly reacted to the positive European inflation surprise. The preliminary Eurozone CPI for November came in at 10%, down from 10.4% expected, and… By Harry Robertson LONDON – The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by… By Savyata Mishra – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll… – Yesterday was a busy day for the EUR/USD, with gains in the morning, in the face of half-hearted European inflation figures, then with a correction in the… Ligand Pharmaceuticals Inc. announced Monday that John Higgins has retired as Chief Executive Officer, effective as of today.

  • We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
  • Canadian shares are likely to open on a mixed note on Monday, tracking weak European stocks, and the trend in commodity markets.
  • Oil prices rose as much as 2% on hopes of China’s reopening and as OPEC+ maintains output cut…
  • Indian shares ended Monday’s session little changed, tracking mixed global cues after robust U.S. jobs data released on Friday stirred anxiety over the pace of future rate increases.
  • German services activity falls further in November as soaring inflation and uncertainty dampen…

This article provides useful strategies on how to trade during a major news release. 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. On Sunday, several cities in China decided to ease coronavirus curbs, helping the risk sentiment improve during Asian trading hours. Urumqi, the capital of the Xinjiang region, said that shopping centres, restaurants and markets will open from Monday. Zhengzhou residents will not be required to show COVID test results to take public transport, taxis and to visit public areas. Officials also announced that people living in Nanning will not have to provide a negative COVID test to take the subway.

With mortgage costs also on the rise, analysts forecast that the UK central bank may have to reconsider its strategy next year in order to reduce pain on households. 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 considered as constituting a track Forex brokers 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.

NZD/JPY Down 0 Pips Over Past Hour, Makes Big Move Relative to Past Month; Nears 20 Day Moving Average

By Peter Nurse – The U.S. dollar slumped in early European trade Thursday after Federal Reserve chair Jerome Powell pointed to smaller rate hikes ahead, boosting risk… Brent crude oil is trading marginally higher this Monday after the EU decided on a Russian oil price cap of $60 per barrel. By Fergal Smith TORONTO – The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets on another oversized interest rate hike by the…

forex news

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 the coming months, the Fed may end up hiking rates less than it expects, or even cutting rates before the end of next year. FOR the past week, major cities of Pakistan have been among the top most polluted cities in the world. WITH so many U-turns under his belt, it was hardly surprising when on Saturday, PTI chairman Imran Khan decided to… Pakistan entered a $6 billion IMF programme in 2019 and its ninth review is currently pending with remote talks being held between IMF officials and the government for the release of $1.18 billion. German services activity falls further in November as soaring inflation and uncertainty dampen…

Fed to slow down the pace but forecast higher rates for next year?

Volatility for nzdusd has been contracting over the past two weeks relative to volatility over the past month. The pairs that made the biggest moves, on a percentage basis, over the past day were NZDCAD, AUDCAD, and NZDCHF. Note that AUDCHF, ZARJPY, NZDJPY, GBPCHF and EURAUD made especially large and surprising moves over the past day. EUR/USD Bullish Continuation Potential Above 1.0350EUR/USD is eagerly approaching another key zone of resistance as a combination of USD weakness and a break of 1.035 has allowed the major currency pair to hold onto recent gains. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. Nevertheless, US stock index futures trade virtually unchanged and the 10-year US Treasury bond yield stays in positive territory slightly above 3.5%.

forex news

By Ambar Warrick– Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although… By Yasin Ebrahim – 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… By Ankur Banerjee SINGAPORE – The dollar slid across the board on Monday as traders piled into riskier assets after more Chinese cities eased some of barclay online their COVID related… By Peter Nurse – 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… The other major factor for markets on Monday was China, where several cities have been easing their COVID restrictions. Official messaging about how dangerous the virus is also has changed following recent, unprecedented protests against the government’s uncompromising "dynamic zero-COVID" strategy.


Canadian shares are likely to open on a mixed note on Monday, tracking weak European stocks, and the trend in commodity markets. "I think this issue about ‘peak inflation, peak rates, peak dollar’ – I think – is slowly turning into a ‘persistence of inflation, a persistence of higher-for-longer interest rates," said Jane Foley, senior FX strategist at Rabobank. The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged against other currencies.


Bitcoin gained traction to start the new week and was last seen trading at its highest level in three weeks at around $17,300. 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. Learn more about how market economies operate, the political theory they’re founded on, and whether they work in our guide.


Higgins will resign as a director of the company on December 31, 2022. China is soon set to announce a nationwide easing of testing requirements as well as allowing positive cases and close contacts to isolate at home under certain conditions, people familiar with the matter told Reuters last week. "It may seem like they are baby steps but nonetheless quite a strong sign of China taking calibrated steps in the direction of reopening," said Christopher Wong, a currency strategist at OCBC in Singapore. As for who is on a hot streak, GBPCAD, NZDJPY and USDCHF have now rallied 8 out of the past ten trading days. How to Trade with the Relative Strength Index The Relative Strength Index is a popular technical indicator used to identify over-bought or over-sold conditions.

GBP/JPY Up 2 Pips in Last Hour, Moves Down For the 2nd Consecutive Day; Nears 50 Day Moving Average

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. By Ambar Warrick– Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell,… SHANGHAI – As macroeconomic risks induce unprecedented levels of volatility in China’s yuan, investors are betting that authorities may widen the currency’s tight…

World Forex News delivers real time updated forex news and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies. We are go to source for you to get breaking news stories and in-depth market updates from around the world. In the preceding hour, AUDCHF has has made the biggest move in the forex asset class, increasing 13 pips (0.2%). Intraday trend traders may wish to note that GBPAUD has the strongest trend on the hourly timeframe over the last 20 price bars.