Dollar around three-month low, set for biggest monthly fall in 2023 By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The U.S. dollar hit a three-month low against a basket of peers on Tuesday before steadying, as traders continued to unwind long dollar positions before this week’s U.S.

GBP/USD extends gains near 1.2630 on subdued US Dollar

Share: GBP/USD Forecast: Bulls maintain the pressure, aim for 1.2700 and beyond The British Pound retains its strength against the US Dollar, with GBP/USD comfortably trading above the 1.2600 threshold after peaking on Monday at 1.2644, its highest since last August. On the one hand, the GBP benefited from hawkish comments from Bank

Dow, Nasdaq 100 and Nikkei 225 see Bullish Momentum Fade after Month-Long Surge

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 – Analysis and Charts ​​​Dow rally sees slower going ​The rally has slowed in recent days, though sellers have been unable to establish control even in the short-term timeframes.​Further gains continue to target the summer 2023 highs above 35,600, while beyond

Market Recap: Bonds up; Stocks weaker; DXY set for the worst month in a year

Market Trends: Asian stocks fell in response to declines in US and European markets, triggered by hawkish signals from central banks on interest rates. Bonds extended gains amid growing conviction that central banks in Europe and the US have concluded rate hikes, with expectations of potential rate cuts next year. The US Dollar hovered near

USDCAD Technical Analysis – This breakout might be a bad omen for the bulls

USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt. The recent US CPI missed expectations across the board bringing the expectations

Aussie Dollar Snubs Poor Retails Sales Data

AUD/USD ANALYSIS & TALKING POINTS Australian retail sales figures show high interest rate environment may be weighing negatively on consumers. US economic data and Fed speakers under the spotlight later today. AUD/USD 200-day MA break could expose long-term trendline resistance once more. Elevate your trading skills and gain a competitive edge. Get your hands on

OSMOSIS EA – A TRADING ROBOT THAT WORKS – Market News – 27 November 2023

Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a

Dollar dips to November low, yen gains as markets adjust By Investing.com

© Reuters. In recent currency market movements, the US dollar has softened, touching its lowest point for November. The Bloomberg Dollar Spot Index (BBDXY), which tracks the greenback against a basket of other major currencies, has descended to a nadir for the month. The Japanese yen, on the other hand, has seen appreciation amid market

USD Index struggles for direction near 103.00, looks at data, Fedspeak

Share: The index approaches the key 103.00 support. US yields look poised to extend the decline. Consumer Confidence, Fedspeak come next in the docket. The greenback alternates gains with losses near the 103.00 neighbourhood when gauged by the USD Index (DXY) on turnaround Tuesday. USD Index focuses on key data, Fed speakers The

A couple of light data releases in Europe as dollar stays vulnerable

The dollar remains in a vulnerable spot once again, with USD/JPY eyeing a potential drop below 148.00 and inching back towards a retest of the October low at 147.27. Meanwhile, the antipodeans are off to a strong start this week with AUD/USD and NZD/USD both climbing above their respective 200-day moving averages in sealing a