Asia FX rally cools as Fed minutes help stall dollar losses By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies moved little on Wednesday, while the dollar stemmed recent declines after the minutes of the Federal Reserve’s late-October meeting reiterated the bank’s outlook on higher-for-longer interest rates. Regional currencies saw a measure of profit taking after a strong run-up in the past two sessions, as markets priced in

USD/CAD retraces its recent losses, hovers around 1.3700

[ad_1] Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in Crude oil prices could weigh on the CAD. US Dollar faces challenges despite improved US bond yields. USD/CAD recovers its intraday losses, hovering around the psychological

ForexLive Asia-Pacific FX news wrap: Limited FX ranges

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do

ADR Order Block Finder MT4 Indicator

[ad_1] In the ever-evolving world of forex trading, staying ahead of the curve is essential. Traders are constantly seeking tools and indicators that can provide them with an edge in the market. One such tool that has garnered attention is the ADR Order Block Finder MT4 Indicator. In this article, we will delve into the

RBA Minutes Reveal Motive Behind the November Hike

[ad_1] Aussie Dollar (AUD/USD, AUD/JPY) Analysis • RBA minutes: Anchor inflation expectations while the cash rate is comparatively low • AUD/USD retreats off intraday high and 200-day SMA – watch for further USD weakness • IG client positioning narrows but recent changes favor upside potential RBA minutes: Anchor inflation expectations while the cash rate is

Australian Leading Index stumbles further, points to more weak growth ahead

[ad_1] The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, dipped to -0.40% in October from -0.38% in September. Says WPAC: Economy set to remain stuck in ‘low growth rut’ well into next year. Range