NZD/USD stays directed towards 0.6710 supports after softer China data, US NFP eyed
NZD/USD stays directed towards 0.6710 supports after softer China data, US NFP eyed NZD/USD remained bearish near the intraday low of 0.6786 since the Chinese Caixin PMI released early on Friday. At the same time, the kiwi pair reflects disappointing market sentiment and also responds to soft data ahead of key data on US non-farm […]
Global stocks falter as Didi delisting raises concerns of China in US
Global stocks falter as Didi delisting raises concerns of China in US Stocks tumbled on Friday after Chinese giant Didi announced that it would be delisting in New York, sparking new concerns about tensions and tech regulations in China, while Omicron oil prices fell for the sixth straight week and fears of a rate hike […]
USD/JPY pair may return to 113.00 amid falling yields
USD/JPY pair may return to 113.00 amid falling yields USD/JPY rebounded to 113.00 during its first open in Tokyo on Thursday, struggling to defend its first of a three-day advance. The yen appears to be receiving signals from the dollar’s rebound and a surge in global market volatility reflecting recent moves. But the Fed’s next […]
Post-sell stock futures rally triggered by Omicron for the first time in the US
Post-sell stock futures rally triggered by Omicron for the first time in the US U.S. stock index futures moved slightly higher in trading Wednesday night after the CDC confirmed the first known case of an Omicron variant in the United States, lowering the stock price. 4,444 contracts, which are tied with the Dow Jones Industrial […]
USD/JPY is recovering from a nearly two-month low and is climbing above the 113.00s mid-point
USD/JPY is recovering from a nearly two-month low and is climbing above the 113.00s mid-point USD/JPY maintained its footing in pre-European trading and last traded near its daily high at 113.60. After overnight volatile price movements, the USD/JPY pair gained some positive dynamics on Wednesday and found support from several factors. Global risk sentiment has […]
Haven currency falls on omicron concerns
Haven currency falls on omicron concerns As Asian traders eased concerns about the Omicron variant, risky currencies against the dollar on Wednesday rebounded from recent lows, and safe havens like the yen fell against the dollar. The Chinese yuan, an indicator of turbulent daily resilience, reached a six-month high of $ 6.3596 in the afterglow […]
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation Former Treasury Secretary Jacob Liu told reputed news firm on Tuesday that lifting tariffs on goods during the worst trade war would help reduce US inflation. However, he now tells that “there is no political space for him.” “I […]
Best Currency Pairs to Trade and Live Happily Ever After
Best Currency Pairs to Trade and Live Happily Ever After It is so natural to get confounded in the realm of monetary instability and various resources that the FX market offers for exchanging. We know what you feel! Regularly beginners and other less experienced dealers select the easiest way by alluding to the most exchanged […]
Xtreamforex Fundamental Market Update 15 Oct. 2021
Xtreamforex Fundamental Market Update 15 Oct. 2021 EURUSD The EUR/USD pair withdrew from a new week-by-week high of 1.1623, presently trading the 1.1590 value zone. The American money is down no matter how you look at it, as US government security yields stay discouraged, in spite of the fact that it is facing the […]
The EUR/USD pair is unchanged daily and may soon resume its slide
The EUR/USD pair is unchanged daily and may soon resume its slide. EUR/USD is moving downwards. As of late, EUR/USD bounced off the resistance zone of 1.16300. The EUR/USD pair is unaltered consistently and may before long resume its slide. The day-by-day chart shows that the pair met dealers around an immovably negative 20 […]
Fed’s Harker says not expecting rate hikes until late 2022, or early 2023
Fed’s Harker says not expecting rate hikes until late 2022, or early 2023 The US Securities and Exchange Commission is supposed to be not restricting BTC prospects ETF exchanging, this makes room for dispatch. The news comes using different sources. After mulling sub-US$ 58K and towards $57K for a significant part of the meeting this […]
How Risk Management Will Save Your Trading Account
How Risk Management Will Save Your Trading Account Out all in all “exchanging thing”? All things considered, the present illustration, if appropriately comprehended and carried out, can give you the information that you need to in a real sense save your exchanging record and begin building it back up. Today, we are zeroing in on […]
EUR/USD edges higher around 1.1820, during Thursday’s Asian session
EUR/USD edges higher around 1.1820, during Thursday’s Asian session EUR/USD keeps on trading underneath the 50 and 100-time frame SMAs. Regardless, the specialized improvements don’t highlight a negative change in the close term viewpoint. Generally speaking, EUR/USD is going across. As of late, EUR/USD ricocheted up from the vital resistance of 1.18. European Central Bank […]
Xtreamforex Fundamental Market Update 16 September
EURUSD EUR/USD edges higher around 1.1820, keeping the momentary bullish banner flawless, during Thursday’s Asian meeting. In doing as such, the significant money pair additionally remains over 200-SMA amid a peppy Momentum line. While the bulls are intended for additional potential gain, the obstruction line of the expressed bullish arrangement joins 50-SMA to challenge the […]
Xtreamforex Asia FX news wrap: Australian jobs report weak
Xtreamforex Asia FX news wrap: Australian jobs report weak The month to month Australian work market report has two ‘features’, the net number of occupations acquired or lost and the joblessness rate. Today we got the August report. For the initial, 146,300 positions were lost Also, for the second, the joblessness rate fell! To 4.5% […]
EUR/USD: Bears pressuring critical hourly pivot
EUR/USD: Bears pressuring critical hourly pivot Generally, EUR/USD is going across. As of late, EUR/USD broke over the critical resistance of 1.18 after the arrival of the frustrating U.S. CPI information, making USD weaken. The negative pressing factor could increment with a day-by-day close underneath 1.1790, where the 200-period SMA and the Fibonacci half retracement […]
Xtreamforex Fundamental Market Update
EURUSD EUR/USD pair remained moderately calm during the European exchanging hours on Tuesday. With the greenback going under humble selling pressure in the early American meeting, the pair acquired footing and arrived at a day high of 1.1846. The information distributed by the US Bureau of Labor Statistics uncovered on Tuesday that expansion in the […]
US President Biden to give a briefing on a national security initiative
US President Biden to give a briefing on a national security initiative Across FX there is not a lot of change. AUD and NZD lost ground, yet as I update have recuperated fairly. EUR, GBP, CAD are altogether scarcely moved from NY shutting levels. USD/JPY flew above 109.70, plunged under 109.60, and is presently scarcely […]