However, both earnings and revenues for the quarter topped analysts’ estimates. China delayed the publication of its third quarter GDP data on Monday without providing any explanation for the postponement as the release coincided with the 20th party conference of the ruling Communist Party. The publication was https://blackchristiannews.com/2022/02/full-review-of-dotbig-ltd-forex-broker-with-basic-information-about-trading-instruments/ initially scheduled to be released on Tuesday. The quarterly GDP data along with other major economic indicators were marked as „delayed” on the website of NBS. With the Fed raising 75bps at its September meeting, the FOMC Minutes noted that the risks of doing too little outweighed the risk of doing too much.
We are go to source for you to get breaking news stories and in-depth market updates from around the world. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.
Usdcad Moves Below 100
By Leika Kihara WASHINGTON – Japan is ready to take „decisive” action against rapid yen declines and is focusing on volatility rather than levels in deciding whether to… By Amanda Cooper LONDON – The pound rallied on Monday after Britain’s new finance minister ditched most of the government’s multi-billion pound „mini-budget”, while the… Another strong US inflation print means that the Federal Reserve will have to step up its fight against raging CPI. With the continued uncertainties surrounding BOE intervention, along the US release of inflation data this https://www.cmcmarkets.com/en/learn-forex/what-is-forex week, GBP/USD could be in for some volatility. The potential for a continued rise in “core” inflation is what the Fed is worried about, and it is the component of the CPI report that could cement another 75bps interest rate hike… By Tetsushi Kajimoto and Mariko Katsumura TOKYO -Japan’s policymakers continued to warn investors on Wednesday against selling the yen, as the dollar rose to a fresh… By Gertrude Chavez-Dreyfuss NEW YORK – The dollar climbed to a fresh 24-year peak versus the yen on Wednesday, holding above levels that prompted intervention by…
- Yet another hectic week to put in the history books and it looks like more interesting times ahead.
- As with all such advisory services, past results are never a guarantee of future results.
- We now get really into the meat of earnings season and investors remain on edge after another roller-coaster few days.
- Bank of America Corp. reported Monday that net profit for the third quarter decreased 8 percent from last year, hurt by provision for credit losses as well as lower fees and service charges.
- Gold attracts some buying on the first day of a new week and reverses a major part of Friday’s downfall to over a two-week low.
The bulls managed to defend the lower boundary of the trading range. After a 5-day correction, the US dollar index is showing signs of stability above a key support zone. Traders Forex news increased net-short exposure to metals , but also increased their bearish outlook on GBP and JPY futures. The economy needs fresh measures to stimulate domestic spending.
Price Action Support And Resistance
US stocks plunge after US inflation came in hotter than forecast. The market has started to price in a 1% rate hike in November. A total of at least 150bps of rate hikes by the end of the year is now the market’s base case as the Fed continues to scramble to catch up with rising prices. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Keep track of the latest currency market moves as they develop.
ForexNews.World delivers real time updated DotBig and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies.