[ad_1] Share: US Dollar consolidates previous week’s losses. Economists at Commerzbank analyze Greenback’s outlook. USD’s upside potential largely exhausted Due to a lack of new information on central bank policy, EUR/USD will tend to trade sideways this week. Based on monetary policy the Dollar’s upside potential is more or less used up and
[ad_1] The last week was incredible for the Russell 2000 with the index rallying for five consecutive trading days. The bulk of the rally came after the FOMC rate decision where the Fed left interest rates unchanged and Fed Chair Powell delivered less hawkish than expected remarks. The Russell 2000 then extended the gains into
[ad_1] © Reuters. The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to record high commodity prices. The situation has been particularly severe for traders dealing in rice and frozen poultry products at the Seme-Krake border in Lagos. The price of a 50kg
[ad_1] A look at what is on the board for today USD/JPY: 152.00 (USD amount 1.68bn), 150.00 (USD1bn), 150.50 (USD954mn) EUR/USD: 1.0600 (EUR793mn) USD/CNY: 7.3000 (USD1.69bn), 7.4000 (USD841mn), 7.2500 (USD747mn) AUD/USD: 0.6400 (AUD1.19bn) GBP/USD: 1.2280 (GBP533mn), 1.2375 (GBP307mn) USD/CAD: 1.3850 (USD310mn) NZD/USD: 0.5870 (NZD306mn) For more information on how to use this data, you may
[ad_1] © Reuters. Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from the Federal Reserve drove up bets that the bank was done raising interest rates. Focus now turns to key upcoming economic readings from China, as well as a
[ad_1] Share: China’s newly appointed Finance Minister Lan Foan said over the weekend that the government “will accelerate the issuance and use of government bonds.” Additional quotes Will steadily promote the resolution of local government debt risk and increase efforts to better leverage the role of special bonds to boost the economy. Will
[ad_1] Over the weekend China’s new finance minister Lan Foan was cited ass saying China will accelerate the issuance and use of government bonds. The report came via state-run news agency Xinhua. The fin min added: finance ministry will steadily promote the resolution of local government debt risk and increase efforts to better leverage the
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[ad_1] In the fast-paced world of forex trading, staying ahead of the curve is crucial for success. Traders are constantly seeking innovative tools and strategies to maximize their profits and minimize risks. One such tool that has gained prominence in recent times is the TP and SL Fibonacci MT4 Indicator. In this article, we will