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- The Federal Reserve Bank of New York released a report on Thursday showing a notable rebound in regional manufacturing activity in the month of September.
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- AUD/USD holds lower ground near the yearly bottom marked in July, poking the two-month-old support line, as risk-aversion propels the US dollar ahead of the day’s key catalysts.
- NZD/USD Threatens Yearly Low After Failing to Push Back Above 50-Day SMANZD/USD appears to be tracking the negative slope in the 50-Day SMA (0.6225) amid the string of failed attempts to push back above the moving average.
Relative to other instruments in the forex asset class, gbpcad ranked 24th the previous day in terms of percentage price change. Relative to other instruments in the forex asset class, gbpnzd ranked 11th yesterday in terms of percentage price change. The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged DotBig account against other currencies. By Peter Nurse Investing.com – The U.S. dollar soared in early European trade Wednesday, rising to a fresh 24-year high against the Japanese yen as traders anticipate further… A look at the day ahead in U.S. and global markets from Mike Dolan. Bad things tend to happen in world markets when Japan’s yen registers wild swings and its latest freefall…
New Zealand Data
Philadelphia-area manufacturing activity unexpectedly contracted in the month of September, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its current general activity index slumped to a negative 9.9 in September from a positive 6.2 in August. The Federal Reserve Bank of New York released a report on Thursday showing a notable rebound in regional manufacturing activity in the month of September. The New York Fed said its general business conditions index surged to a negative 1.5 in September from a negative 31.3 in August, although a negative reading still indicates a contraction in regional manufacturing activity. AUD/USD holds lower ground near the yearly bottom marked in July, poking the two-month-old support line, as risk-aversion propels the US dollar ahead of the day’s key catalysts.
All are separate but affiliated subsidiaries of StoneX Group Inc. 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 . US Dollar May Continue its Rise Against the Chinese Yuan Amid Lingering Economic WoesThe US Dollar might resume its push higher against the Chinese Yuan.
Ruling Party Of Japan Demands $92 Billion Fiscal Boost For Economic
Mostly firmer US data, fears surrounding China’s economy and mixed Aussie jobs report pleased bears. For those who pay attention to moving averages, EURCAD may be of particular interest.
Business activity held steady in New York State, according to firms responding to the September 2022 Empire State Manufacturing Survey. The headline general business conditions index climbed thirty points to -1.5. All breaking news is rated high , medium , or low depending on the how much it impacted the market. Bitcoin stood aloof from key market movements last week, moving on a short leash around $20K. The key https://www.timessquareadcoalition.org/dotbig-ltd-review/ $20,000 level continues to provide a strong support for BTC. By Kantaro Komiya and Tetsushi Kajimoto TOKYO -Japan’s government wants to act if "rapid, one-sided" moves seen in the currency market recently continue, the country’s… By Ambar Warrick Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European…
Forex News Now
A) Pro traders typically keep their analysis to themselves b) Forexfactory isnt full of professional traders. Its full of newbies who dont need some clown acting like a … Breaking news is defined as new information that has market-moving potential. NZD/USD Threatens Yearly Low After Failing to Push Back Above 50-Day SMANZD/USD DotBig account appears to be tracking the negative slope in the 50-Day SMA (0.6225) amid the string of failed attempts to push back above the moving average. By Tommy Wilkes and Dhara Ranasinghe LONDON – Sterling’s slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends…
By Harish Sridharan – Bearish bets on several Asian currencies hit a record high, driven by a slump in the Chinese yuan and a towering dollar as investors brace for more… By Gertrude Chavez-Dreyfuss NEW YORK – The dollar gained against the yen on Thursday, climbing in nine of the last 10 sessions, after Federal Reserve Chair Jerome Powell… By Ambar Warrick Investing.com– Most Asian currencies crept higher on Friday and were set to end the week largely unchanged as the dollar retreated https://alfaforex.ru/economic-calendar/ from a 20-year peak. By Peter Nurse Investing.com – The U.S. dollar dropped sharply in early European trade Friday, after hawkish comments from the European Central Bank prompted traders to reassess… By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Wednesday, pausing for breath after the previous session’s sharp gains in the wake of the… Trade with a global market leader with a proven track record of financial strength and reliability.
Think Of Us Inflation Reports Like A Golf Scorecard
US industrial production fell 0.2% in August (consensus 0.0%) while July was revised lower to 0.5% from 0.6%. The composition shows manufacturing was a little better than expected … Unions and management reached a tentative deal early Thursday, averting a freight railroad strike that had threatened to cripple US supply chains and push prices higher for many …
Trade a wide range of forex markets plus spot metals with low pricing and excellent execution. The annual CPI decelerated in August but came in higher than expected. Bets on a more hawkish Fed increased, while in the case of gold, they decreased. At least for the majority of pundits who expected softer inflation. Compared to its peers in the forex, nzdjpy gave its buyers a return that ranked 31st in terms of percentage change since the day prior. Volatility for nzdusd has been contracting over the past two weeks relative to volatility over the past month. Finally, instruments EURNOK, EURNZD, USDHKD and CADCHF are close to their 200 day moving average.
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