By Iain Withers LONDON – The U.S.

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By Iain Withers LONDON – The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and… Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. dotbig Over the past two weeks, the strongest trend has been on USDCHF. Alternatively, on a 90 day basis, the strongest trend appears on USDJPY. Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for USDCHF, USDSEK, EURUSD, USDNOK, GBPUSD, CADCHF and USDHKD.

  • The US Dollar’s descent moderated last week as traders shifted back into risk assets, ditching the safety of the world’s reserve currency.
  • Sometimes the unpredictable nature of the society we live in means things happen, things that move markets.
  • This is a leading independent website that is dedicated to the Forex market.
  • In fact, the dedicated section for US Dollar is quite handy to Forex traders as many of the major currency pairs contain the US Dollar.
  • China will on Monday see May results for the services and composite indexes from Caixin, highli ..

By Saqib Iqbal Ahmed NEW YORK -The U.S. dollar strengthened across the board on Tuesday as Treasury yields climbed and worries over a further acceleration in global… testimonials By Yasin Ebrahim — The euro slipped against the dollar Tuesday, but could be set for a boost as pressure is building on the European Central Bank to take its most… BRUSSELS – Six of the seven EU countries outside the euro zone are still not ready to join, the European Commission said in a report on Wednesday, with only Croatia… By Hari Kishan BENGALURU – The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of reasons supporting it, including…

Unemployment data is released in a number of forms across different economies, but the highest impact release in undoubtedly the US Non-Farm Payrolls. Before you go any further, attach the FXSSI Forex news indicator to your MT4 charts and don’t allow yourself to be caught out. Build your confidence and knowledge with a wealth of educational tools and online resources. dotbig ltd Unless you’re already a member and enjoying our service, then just sign in. dotbig company In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. Crude oil has managed to end the week on high leaving next week open to fundamental forces from ..

Gbpjpy Price Breaks Away From 161 880 Resistance Level As Bulls Regain Strength

Price action traders may also wish to note that we see some doji and pin bar candlestick patterns on gbpjpy. Compared to its peers in the forex, nzdchf gave its buyers a return that ranked 9th in terms of percentage change since the previous day.

forex news

Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments.

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By Harish Sridharan – Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but analysts were still wary… By Saqib Iqbal Ahmed NEW YORK -Speculators’ net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters and U.S.

forex news

The US Dollar’s descent moderated last week as traders shifted back into risk assets, ditching the safety of the world’s reserve currency. dotbig broker For more DotBig broker beyond what is offered on CFDTrading, check out Forex Factory, FX Empire, and ForexLive. For the latest stories on specific currency pairs, try the articles below. dotbig forex The Kiwi took the crown this week after an expected rate hike from the RBNZ, & arguably on a potential shift in broad risk sentiment.

Market News & Analysis

A strong nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking .. If you accept the quote, we will implement your strategy typically within 5-7 business days.


As for who is on a hot streak, AUDJPY, CADJPY, CHFJPY, NZDJPY and GBPJPY have experienced upwards move in 8, 8, 8, 8 and 9 of the prior ten trading days. CHF was the clear winner this week, sparked by risk-off vibes & comments from SNB Chair Jordan on there being a possibility to curb inflation if needed. US markets are closed for Memorial Day today, so will there be enough volatility to spur a breakout for this pair? Sign up to get the latest market updates and free signals directly to your inbox. dotbig review may, from time to time, offer payment processing services with respect to card deposits through StoneX Financial Ltd, Moor House First Floor, 120 London Wall, London, EC2Y 5ET. Experience our trading platform for 90 days, risk-free.

Forex Trend News

EUR/USD is flat at the start of the day ahead of what could be a busy week with the European Central Bank taking place and with plenty of ground to make back following Friday’s whitewash. The closest is the 50 day average, which is 96.5 pips away. It’s shaping up to be a tight race for Australia’s parliamentary elections, so will this short-term range hold or fold? Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. dotbig investments Trade with a market leader and stable partner invested in your success. Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy.

Looking For More Forex News?

Below is a list of currency pairs that crossed key moving average levels over the past day. It’s a busy week ahead DotBig company for the major currencies, but traders are might focus on a couple of central bank events and top-tier U.S. data.

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