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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. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, with the euro rebounding ahead of the latest European Central Bank rate decision, which… By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday, while the euro jumped to a three-week high as traders reassessed the European Central Bank’s… A report released by the Labor Department on Thursday unexpectedly showed another modest decrease in first-time claims for U.S. unemployment benefits in the week ended September 10th. The Labor Department said initial jobless claims slipped to 213,000, a decrease of 5,000 from the previous week’s revised level of 218,000. 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.
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 DotBig LTD factors such as financial, regulatory or political events. Despite spending much of the day’s trading session in positive territory, the Switzerland stock market ended slightly down on Thursday as investors stayed wary of holding positions at higher levels.
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Stay informed with real-time market insights, actionable trade ideas and professional guidance. Note that the content on this site should not be considered investment advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. With that said, traders should also note the downtrend on the 20 hourly candle timeframe, so the meaning of the candles may require further exploration.
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- 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…
- The pound’s sell off against the dollar (GBP/USD) this year has been intense and it now …
- By Fergal Smith TORONTO – The Canadian dollar edged higher against its U.S. counterpart on Wednesday, with the currency rebounding from its lowest level in nearly eight…
- Stay up-to-date on breaking forex news as well as relevant financial developments.
The value of overall retail purchases increased 0.3% last month after a downwardly revised 0.4% drop in July, Commerce Department https://alfaforex.ru/economic-calendar/ data showed Thursday. The pound’s sell off against the dollar (GBP/USD) this year has been intense and it now …
Price Action Support And Resistance
The Philly Fed said its current general activity index slumped to a negative 9.9 in September from a positive 6.2 in August. Import prices in the U.S. saw further downside in the month of August, according to a report released by the Labor Department on Thursday. The Labor Department said import prices slid by 1.0 percent in August after tumbling by a revised 1.5 percent in July. The Federal Reserve released a report on Thursday unexpectedly showing a modest decrease in U.S. industrial production in the month of August. The report said industrial production edged down by 0.2 percent in August after climbing by a downwardly revised 0.5 percent in July. Spot gold is on the backfoot this morning ahead of U.S. retail sales data leaving XAU/USD trading below the key $1700 level. Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support.
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Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For those who pay attention to moving averages, EURCAD may be of particular interest. Below is a list of currency pairs that crossed key moving average DotBig broker levels over the past day. Over the past hour, GBPUSD stands out as the biggest mover in the forex asset class on a percentage basis, increasing 11 pips (0.1%). Traders interested in intraday trends may wish to observe CADJPY, which has been in an uptrend over the past 100 price candles.
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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… By Fergal Smith TORONTO – The Canadian dollar edged higher against its U.S. counterpart https://newinr.com/dotbig-ltd-review-getting-started-with-the-broker/ on Wednesday, with the currency rebounding from its lowest level in nearly eight… By Gertrude Chavez-Dreyfuss NEW YORK -The dollar fell to a more than one-week low on Friday as investors consolidated gains after a sharp rise against most currencies,… By Caroline Valetkevitch NEW YORK – The dollar fell to its lowest level in more than two weeks against a basket of currencies on Monday following recent strong gains, as…
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa. Price action traders may also wish to note that we see a doji candlestick pattern on nzdcad. 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. 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 … 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.
Market News
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 $20,000 level continues to provide a strong support for BTC. 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… 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 Leika Kihara and Tetsushi Kajimoto Japan is ready to take action to address "clearly excessive volatility" seen in the yen, the country’s top currency diplomat said on…