Plenty of big events still to come on the week

Even today, while most market players might be focused on the FOMC meeting, I would say that the main event on the day is the Treasury refunding announcement. I detailed more on that yesterday here. As for the rest of the week, there is still the BOE monetary policy decision tomorrow and then the US

Currency market shifts as Japanese officials hint at intervention By Investing.com

In the latest development in the currency market, the experienced a dip from 151.70 to under 151.20 following hinted intervention by Japanese officials. Officials Kanda, Suzuki, and Matsuno expressed their concern against “one-sided,” “speculative,” and “disorderly” movements, which led to this shift. Following this, the AUD and NZD rebounded after initial depreciation against the USD.

Bank of Japan to conduct unscheduled bond buying operation tomorrow

That didn’t take long as the Japanese central bank announces that they will buy ¥100 billion of bonds with maturities of 3 years to 5 years and ¥300 billion of bonds with maturities of 5 years to 10 years on Thursday. 10-year JGB yields are now seen at 0.965% on the day. This article was

Rosy Trade Assistant – User Guide – Other – 31 October 2023

A very easy to use EA, simple and friendly. Many features available to manage your trade. Compact panel with 4 sizes that can be selected according to your convenience. And trading in your local time has never been easier, using local timescale and clock. MT4 product link: https://www.mql5.com/en/market/product/107687 MT5 product link: https://www.mql5.com/en/market/product/107748 ============================================================================================ Pages Trading Panel – Page

USD/CAD sits near one-year high, eyes 1.3900 ahead of the FOMC decision

Share: USD/CAD continues to draw support from bearish Oil prices and a modest USD strength. Tuesday’s disappointing Canadian GDP also undermines the Loonie and acts as a tailwind. Traders now look to the US macro data for some impetus ahead of the key FOMC decision. The USD/CAD pair attracts some dip-buying during the

3 Level ZZ Semafor MT5 Indicator

In the world of forex trading, having the right tools at your disposal is essential to succeed. One such tool that has gained popularity among traders is the 3 Level ZZ Semafor MT5 Indicator. In this article, we will dive deep into what this indicator is, how it works, and how it can be used

EU GDP Contracts in Q3, Euro Rises

EU GDP, Inflation Breaking News EU economy contracts in Q3 (QoQ). Growth almost flat year on year German data yesterday revealed negative growth – Euro traded higher EU Economy Contracts but Inflation Reveals Signs of Continued Progress Economic growth in the euro zone contracted in Q3, following in the footsteps of Germany yesterday. The 0.1%