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 not
Share: GBP/USD remains on the defensive near a multi-month trough touched this Tuesday. A combination of factors lifts the USD to a fresh YTD top and weighed on the major. The BoE’s surprise pause continues to weigh on the GBP and favours bearish traders. The GBP/USD pair is seen oscillating in a narrow
This comes as Japanese yields continue to nudge higher all through this week, with 10-year JGB yields touching 0.77% today: 10-year JGB yields (%) daily chart Since the BOJ allowed for yields to roam above the 0.50% mark, bond sellers haven’t really let up and I reckon that policymakers still want to manage expectations somewhat
Share: Disney has been in a tremendous decline since it peaked at $203.02 back 03.08.2021. The Peak ended a Grand Super Cycle and since then it has corrected in larger pullback. The Elliott Wave Theory provides us with cycle degrees determined by the time each cycle lasts. So the Grand Super Cycle is
Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda spoke in the Tokyo morning. Kanda is the MoF official who will instruct the BOJ to intervene, when he judges it necessary, and is often referred to as Japan’s ‘top currency diplomat’. Kanda made some blunt comments to support the yen, the strongest warning since
Guide to buying a product Hello In this document, we will help you to buy the product you want from the MQL5 site.First, enter the following link (MQL5 market):https://www.mql5.com/en/market Then, using the filters on the left side of the page, select the product category you want:For example, we choose Expert Meta 4. Then, in
EURUSD holds support at the 100 day MA AGAIN The EURUSD has been stepping down today, and the focus for the pair was looking at its 100-day moving average (blue line currently at 1.09132). Recall that back in early July, the price approached that moving average on July 6 and found willing buyers (see chart
© Reuters. U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File photo SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the yuan’s depreciation, two people with direct knowledge of the matter
© Reuters. Investing.com — Most Asian currencies fell on Monday, with the Japanese yen coming under pressure from an unscheduled bond buying operation by the Bank of Japan, while the Chinese yuan was hit by weak business activity data. A recovery in the dollar pressured most regional currencies, as the greenback rose from steep losses