© Reuters. Investing.com– Most Asian currencies fell slightly on Monday, while the dollar retreated from recent peaks as investors continued to fret over any potential spillover from the Israel-Hamas war. Appetite for risk-driven Asian currencies remained fragile, while the dollar saw a smidge of profit taking after coming close to 10-month highs last week. Fears
Share: USD/MXN retreats from a two-day winning streak ahead of US economic figures. US Dollar faces a challenge after the weaker preliminary US Michigan Consumer Sentiment Index. Banxico is expected to keep interest rates higher; contributing support for the Mexican Peso. USD/MXN pulls back from the recent gains, trading lower around 18.0160 during the Asian
In the ever-evolving world of forex trading, having the right tools at your disposal can make all the difference between success and failure. One such tool that has garnered significant attention in recent times is the Scalper Signal MT4 Indicator. In this article, we will delve into the intricacies of this powerful trading indicator, exploring
Australia’s Assistant Treasurer Stephen Jones outlined plans to regulate crypto and digital assets earlier. Long-time crypto fan, Australian businessman Mark Carnegie, founder of MHC Digital Group, a digital assets platform, says the higher regulation is needed: … we have nobody to blame but ourselves To the extent that anybody bitches and moans about regulation, we
Australian Dollar, AUD/USD, US Dollar, Treasury Yields, ACGB, DXY Index – Talking Points The Australian Dollar steadies as risks swirl for markets The US Dollar has been underpinned by firm Treasury yields Markets appear poised for a busy week. Will AUD/USD recover from the lows? Recommended by Daniel McCarthy Get Your Free AUD Forecast The
The harami price action pattern is a two candle pattern which represents indecision in the market and is used primarily for breakout trading. It can also be called an ‘inside candle formation’ as one candle forms inside the previous candle’s range, from high to low. Here is an example of what a bearish and bullish harami candle
Share: Gold price trades near $1,925 amid the mixed sentiment. The geopolitical tensions between Israel and Palestine boost the demand for XAU/USD. The upbeat US inflation report has prompted investors to price in a possible rate rise by the Federal Reserve (Fed). Investors will focus on the US Retail Sales, Chinese growth numbers,
People’s Bank of China Governor Pan Gongsheng spoke over the weekend at the International Monetary Fund meeting in Morocco. positive factors in China’s economic operation are accumulating and the bright spots have increased, and are expected to improve. vowed to provide more substantial support to the real economy the PBOC will provide continuous support to
US National Security Council spokesman John Kirby spoke on Sunday with Fox News, saying: “What I won’t do is rule anything in or out when it comes to getting our hostages home,” in response to a question asking if he would “absolutely rule out” the chance that U.S. special forces could be sent to Gaza.