Nikkei Rises in Asian Trade; China, India on Holiday
Nikkei Rises in Asian Trade; China, India on Holiday Asian markets saw a slight increase on Monday, with the Nikkei in Japan rising by 0.55% to 32,025 points, and the Topix index also seeing a 0.45% increase. This comes amidst a relatively quiet trading day, with the stock markets in China, Hong Kong, and India […]
BOJ Debates Exiting Easy Policy, 10-Year JGBs Weaken
BOJ Debates Exiting Easy Policy, 10-Year JGBs Weaken At the September meeting, the Bank of Japan (BOJ) saw an increased focus on the eventual exit from their ultra-loose monetary policy, a development that drove 10-year government bond yields to their highest levels in a decade. In a summary of opinions from the meeting, it became […]
AUD Ends Winning Streak Amid RBA Policy Focus
AUD Ends Winning Streak Amid RBA Policy Focus The Australian Dollar (AUD) put anAUD Ends Winning Streak Amid RBA Policy Focus BOJ Debates Exiting Easy Policy, 10-Year JGBs Weaken Nikkei Rises in Asian Trade; China, India on Holiday end to its recent winning streak on Monday, marking the third consecutive day of losses. The AUD/USD […]
Which Forex Brokers Have the Best Leverage
When it comes to trading forex, leverage is a critical factor that can significantly impact your trading strategy and potential returns. For those seeking to maximize their trading power, high leverage can be a game-changer. In this blog, we’ll delve into the world of leverage and explore one of the best leverage brokers, Xtreamforex, known […]
Choosing The Best Forex Broker For Your Trading Strategy
Forex, or foreign exchange trading, can be a rewarding but challenging field. To succeed, you need a strong trading strategy and the right Forex broker to execute your trades. With so many choices out there, finding the best broker can feel overwhelming. Let’s walk through the process of selecting the ideal Forex broker that matches […]
US Yields Surge, Asia Stocks Fall Amid Fed’s Hawkish Stance
US Yields Surge, Asia Stocks Fall Amid Fed’s Hawkish Stance US Treasury yields hit a fresh 16-year high, reaching 4.552%, marking levels not seen since October 2007. This surge was driven by the Federal Reserve and other major central banks signaling that interest rates would remain elevated for an extended period. Consequently, the US dollar […]
China’s Yuan Defense May Undermine Global Bond Demand
China’s Yuan Defense May Undermine Global Bond Demand China’s efforts to defend the yuan have unintended consequences, casting a shadow on the global bond market as investors grapple with higher overseas funding costs. These developments have created a scenario where investors may divert their attention away from Chinese bonds in favor of more attractive options […]
USD/JPY Targets 148.50 as Bank of Japan Holds Interest Rates Steady
USD/JPY Targets 148.50 as Bank of Japan Holds Interest Rates Steady USD/JPY rebounds from Thursday’s losses following the Bank of Japan’s decision to keep interest rates unchanged. As expected, the BoJ maintained its current rates at -0.1%. During early European trading on Friday, the spot price is hovering around 148.30. In a press conference after […]
Asian Stocks Dip Amid Cautious Mood, Focus on Fed Rate Decision
Asian Stocks Dip Amid Cautious Mood, Focus on Fed Rate Decision Asian stock markets faced a mild setback on Tuesday, marked by cautious sentiment among investors as they awaited the forthcoming Federal Reserve interest rate decision. This heightened sense of caution stems from growing concerns that the Federal Reserve’s commitment to maintaining higher interest rates […]
Data Shows US Treasury Foreign Holdings Rise in July, China’s Holdings Decline
Data Shows US Treasury Foreign Holdings Rise in July, China’s Holdings Decline Foreign holdings of U.S. Treasuries extended their upward trajectory for the second consecutive month in July, defying the backdrop of interest rate uncertainty fueled by a medley of economic indicators. According to data from the Treasury Department, total foreign holdings of U.S. Treasuries […]
ECB Official Advocates Government Action Against Inflation and Explores Benefits of Fiscal Policy Tightening
ECB Official Advocates Government Action Against Inflation and Explores Benefits of Fiscal Policy Tightening Yannis Stournaras, a member of the European Central Bank’s Governing Council, has strongly underscored the critical role governments must play in addressing the growing concern of rising consumer prices. In his view, as borrowing costs reach what could be their zenith, […]
How to Use the Economic Calendar to Boost Your Forex Trading Profits
Forex trading is a dynamic and potentially profitable endeavor that requires an in-depth understanding of market dynamics. One of the most powerful tools in a Forex trader’s arsenal is the Economic Calendar. This comprehensive guide will explore how you can leverage the Economic Calendar to optimize your Forex trading strategy with XtreamForex. What is an […]
China concerns cause European shares to hit one-week low; attention now turns to PMIs
China concerns cause European shares to hit one-week low; attention now turns to PMIs European stock markets took a bit of a tumble on Tuesday, dropping to their lowest point in a whole week. This was mostly because folks were getting worried about China’s economy not doing so great. See, if China’s economy isn’t doing […]
Differences Between Forex And Stocks
When you want to put your money into something to make more money, you might think about two things: Forex (foreign exchange) and stocks. They’re both ways to try and make your money grow. But they work in different ways. In this blog, we’ll make it easy for you to understand how they’re different. 1. […]
Best Gold Trading Tips For Beginners
If you’re just starting out, gold trading can be both exciting and a way to make money. Gold has been seen as a safe choice to invest in for a really long time, attracting people who want to invest their money safely. If you’re new to trading gold, here are some really important tips to […]
US Dollar Recovers from Jobs Shock, Australian Dollar Dips on Cooling Inflation
US Dollar Recovers from Jobs Shock, Australian Dollar Dips on Cooling Inflation The dollar experienced its most pronounced decline in a month and a half on Wednesday, prompted by the perception among investors that weaker-than-anticipated U.S. jobs data has diminished the likelihood of further rate hikes by the Federal Reserve. The Japanese yen remained near […]
USD/CHF Trims Five-Week Loss, Shifts to Mid-Tier Swiss/US Data
USD/CHF Trims Five-Week Loss, Shifts to Mid-Tier Swiss/US Data In the early hours of Wednesday’s European session, the USD/CHF currency pair continued to maintain its position, showing resilience after experiencing its most significant daily loss in the past five weeks, with levels hovering around 0.8790. This retracement in value is occurring in a backdrop where […]
S&P500 Futures Hit 5-Week Low, Yields Reach Yearly High on Hawkish Fed Minutes and Global Woes
S&P500 Futures Hit 5-Week Low, Yields Reach Yearly High on Hawkish Fed Minutes and Global Woes The risk appetite in the market remains downbeat as investors express concerns over a hawkish Federal Reserve stance amidst global economic woes. Additionally, challenges to market sentiment arise from geopolitical and economic troubles emanating from China, along with recently […]