© Reuters. The exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This follows last week’s dip in the currency pair due to disappointing UK labor market indicators and anticipation of a rate hike by the Reserve Bank of Australia (RBA). Australia’s robust retail data, indicative
Share: The Bank of Japan’s (BoJ) published its quarterly outlook report, following its October policy meeting, with key highlights noted below. Key takeaways (via Reuters) Japan’s economy likely to continue recovering moderately. Inflation likely to slow, then re-accelerate as wages rise, inflation expectations heighten. Uncertainty over Japan’s economic, price outlook very high . Must be vigilant to
In the fast-paced world of forex trading, staying informed about price movements is crucial. Missing out on a significant price shift can lead to missed opportunities or financial losses. To tackle this challenge, traders turn to tools like the Price Alert MT4 Indicator. In this article, we’ll explore what this indicator is, how it works,
GBP prices stay suppressed ahead of both the Fed and BoE interest rate decisions later this week. لینک منبع : هوشمند نیوز
China’s factory activity unexpectedly pulled back in October, dropping convincingly back into contraction. There was the week-long holiday at the beginning of the month but that was a known known factored into estimates. There had been some ‘green shoots’ of economic recovery in China, in the wake of a raft of government and central bank
Euro, EUR/USD, US Dollar, EUR/JPY, Trend Breakout, Candlestick, Bollinger Bands – Talking Points Euro bulls were rewarded earlier last week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel
Oil (Brent Crude) News and Analysis The weekend premium was deflated on Monday as markets look to the Fed Oil heads lower after respecting resistance at $89 a barrel EU data underscores growth slowdown in major economies The analysis in this article makes use of chart patterns and key support and resistance levels. For more
continuation The financial market is not a place where you need to come with a million in the hope of leaving with two, it will never happen, because everything you come with will remain there. The financial market is a place where you need to come only with knowledge, relevant skills and enormous experience in
© Reuters. The trajectory of the currency pair is expected to remain largely unchanged, despite key events in Japan this week. This includes the Bank of Japan’s (BoJ) meeting and the Ministry of Finance’s (MoF) data intervention release, according to Goldman Sachs. The USD/JPY recently crossed the 150 threshold, a significant milestone that has drawn
Share: The GBP/USD is finding some bids for Monday, rebounding from the day’s early lows just south of the 1.2100 handle, and the Pound Sterling has a target set on 1.2200 ahead of the Federal Reserve’s (Fed) Wednesday rate call. The Fed will beat the Bank of England (BoE) to the punch on central bank
