US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept negative rates on hold. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi How to Trade USD/JPY The Japanese yen tumbled against the US dollar after the
© Reuters. The US Federal Reserve’s decision to maintain interest rates at the 5.25%-5.50% range during its monetary policy meeting on Wednesday, September 20, 2023, has had global impacts. The Fed’s hawkish stance towards monetary policy, aimed at curbing inflation without causing significant job losses or economic downturns, has led to a strengthening of the
If you’re a forex trader, you understand the importance of accurate calculations when it comes to managing your trades. One of the key calculations you need to make is determining the pip value for different currency pairs. This is where the Pip Value Calculator MT4 Indicator comes into play. In this article, we’ll delve into
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow slumps following Fed decision The index saw a substantial reversal yesterday and has moved back towards the lows of last week.The 100-day SMA could now provide some support, but below this,the 34,000 level and the 200-day SMA
European Central Bank chief economist Lane spoke earlier: Now in Q&A Central banks try to hit inflation in the medium term Inflation over 2% is costly for the economy Says won’t be speculating on future European Central Bank policy moves the most efficient wat to tighten monetary policy is via interest rates — EUR/USD is
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices extend losses in the aftermath of the Fed Retail traders are increasing their upside exposure This is a sign of more pain to come from XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices fell about -0.6 percent over the past
EUR/USD and EUR/GBP Forecasts – Prices, Charts, and Analysis Learn How to Trade the Euro versus the US Dollar Recommended by Nick Cawley How to Trade EUR/USD Most Read – Euro Price Latest: EUR/USD Struggles Against a Robust US Dollar The Euro is holding tis own against a strong US dollar, aided by higher Euro