August Forex news.

forex news

By Caroline Valetkevitch NEW YORK – The dollar fell to its lowest level in more than two weeks against a basket of currencies on Monday following recent strong gains, as… The Federal Reserve released a report on Thursday unexpectedly showing a modest decrease in U.S. industrial production in the month of August. Import prices in the U.S. saw further downside in the month of August, according to a report released by the Labor Department on Thursday. The Labor Department said import prices slid by 1.0 percent in August after tumbling by a revised 1.5 percent in July. The report said industrial production edged down by 0.2 percent in August after climbing by a downwardly revised 0.5 percent in July. A report released by the Commerce Department on Thursday showed U.S. business inventories increased by less than expected in the month of July. The Commerce Department said business inventories rose by 0.6 percent in July after surging by 1.4 percent in June.

forex news

Recently, trading the yen has been full of huge movements, but also a lot of uncertainty and anticipation. Well, a few Japanese officials commented on their currency’s exchange rate hinting on an intervention. Speculations are heating up and the atmosphere is getting denser. By Geoffrey Smith Investing.com — The European Central Bank issued a rare warning about the euro’s https://ru.investing.com/news/ sliding foreign exchange rate on Thursday, adding to the global unease among… The pound’s sell off against the dollar (GBP/USD) this year has been intense and it now … Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Alternatively, on a 90 day basis, the strongest trend appears on EURCHF.

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Bitcoin stood aloof from key market movements last week, moving on a short leash around $20K. The key $20,000 level continues to provide a strong support for BTC. By Ambar Warrick Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European… By Leika Kihara and Tetsushi Kajimoto Japan is ready to take action to address "clearly excessive volatility" seen in the yen, the country’s top currency diplomat said on… By Gertrude DotBig.com Chavez-Dreyfuss NEW YORK – The dollar gained against the yen on Thursday, climbing in nine of the last 10 sessions, after Federal Reserve Chair Jerome Powell… By Peter Nurse Investing.com – The U.S. dollar dropped sharply in early European trade Friday, after hawkish comments from the European Central Bank prompted traders to reassess… By Ambar Warrick Investing.com– China’s yuan fell the most among Asian currencies on Wednesday following a report that the U.S. was considering sanctions against Beijing to…

  • Price action traders will also want to note that a base appears to be forming on NZDCHF and USDMXN.
  • Take control of your trading with powerful trading platforms and resources designed to give you an edge.
  • Traders interested in intraday trends may wish to observe CADJPY, which has been in an uptrend over the past 100 price candles.
  • Trade 9,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more.
  • Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity.

US retail sales unexpectedly rose in August after declining a month earlier, as the underlying picture of spending proved more mixed. The value DotBig account of overall retail purchases increased 0.3% last month after a downwardly revised 0.4% drop in July, Commerce Department data showed Thursday.

Antipodean Double Header Data Review

Economists had expected business inventories to climb by 0.8 percent. Despite spending much of the day’s trading session in positive territory, the Switzerland stock market ended slightly down on Thursday as investors stayed wary of holding positions at higher levels. With that said, traders should also note the downtrend on the 20 hourly candle timeframe, so the meaning of the candles may require further exploration. For more forex news beyond what is offered on CFDTrading, check out Forex Factory, FX Empire, and ForexLive.

forex news

Trade 9,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more. Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. Stay up-to-date on breaking DotBig LTD as well as relevant financial developments. The Federal Reserve Bank of New York released a report on Thursday showing a notable rebound in regional manufacturing activity in the month of September.

By Harish Sridharan – Bearish bets on several Asian currencies hit a record high, driven by a slump in the Chinese yuan and a towering dollar as investors brace for more… https://www.getwox.com/dotbig-ltd-review-enter-the-trading-industry/ By Tommy Wilkes and Dhara Ranasinghe LONDON – Sterling’s slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends…

Usdcad Gets Above The September Ceiling, But

Note that the content on this site should not be considered investment advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Relative to other instruments in the forex asset class, gbpcad ranked 24th the previous day in terms of percentage price change. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Relative to other instruments in the forex asset class, gbpnzd ranked 11th yesterday in terms of percentage price change.

Think Of Us Inflation Reports Like A Golf Scorecard

By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, with the euro rebounding ahead of the latest European Central Bank rate decision, which… By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday, while the euro jumped to a three-week high as traders reassessed the European Central Bank’s… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday ahead of the release of the hotly anticipated U.S. inflation data, which is likely to set… A report released by the Labor Department on Thursday unexpectedly showed another modest decrease in first-time claims for U.S. unemployment benefits in the week ended September 10th. The Labor Department said initial jobless claims slipped to 213,000, a decrease of 5,000 from the previous week’s revised level of 218,000. The Commerce Department released a report on Thursday showed an unexpected increase in U.S. retail sales in the month of August, although the report also showed a notable downward revision to the July data.

Price Action Support And Resistance

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. As with all such advisory services, past results are never a guarantee of future results. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.

The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged against other currencies. By Peter Nurse Investing.com – The U.S. dollar soared in early European trade Wednesday, rising to a fresh 24-year high against the Japanese yen as traders anticipate further… By Kantaro Komiya and Tetsushi Kajimoto TOKYO -Japan’s government wants to act if "rapid, one-sided" moves seen in the currency market recently continue, the country’s… A look https://www.getwox.com/dotbig-ltd-review-enter-the-trading-industry/ at the day ahead in U.S. and global markets from Mike Dolan. Bad things tend to happen in world markets when Japan’s yen registers wild swings and its latest freefall… By Leika Kihara and Tetsushi Kajimoto TOKYO – Japan’s government said it was ready to take action if "rapid, one-sided" moves in the currency market continue, signalling… By Valentine Hilaire MEXICO CITY – Brazil’s currency is forecast to hover in a tight range in dollar-dominated trading this month as Brazilians prepare to vote in the…

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