© Reuters. The Reserve Bank of India (RBI) is facing challenges in managing the volatility of the rupee due to a continuous decline in forex reserves, which fell by $2.36 billion to $583.53 billion for the week ending October 20th. This decrease occurred despite a $1.15 billion increase in the preceding week, and follows a
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
EUR/USD ANALYSIS FOMC announcement under the spotlight today. EUR/USD rising wedge breakout could see euro collapse further. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your
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
Seasonal trading, a strategy rooted in historical patterns, has gained popularity among investors seeking to maximize their returns. In this article, we will explore the world of seasonal trading, its principles, and how you can harness these patterns to your advantage. Understanding Seasonal Trading Seasonal trading is the practice of buying and selling financial instruments
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.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
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
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© Reuters. Investing.com– Traders remained on edge over any potential intervention in currency markets by Japanese authorities, as the yen plummeted to a one-year low after the Bank of Japan disappointed markets with only minimal changes to its yield curve control policy. The slid 1.7% on Tuesday to 151.77- its weakest level against the dollar
