By Saqib Iqbal Ahmed NEW YORK – The U.S.

By Tetsushi Kajimoto TOKYO -Japanese authorities kept up their verbal warnings to the market on Monday of a firm response to any overly rapid yen declines, after a… By Ambar Warrick– China’s offshore yuan hit a new low on Thursday, while most other Asian currencies slipped as fears of more hawkish moves by the Federal… The Canadian market is modestly higher around noon on Thursday, led by gains in technology, energy, healthcare and materials sectors.

MOSCOW – Russian markets opened steady on Tuesday as month-end tax payments offered support to a rouble buffeted by ever-present investor jitters over the possibility of fresh… Forex brokers By Alexander Marrow MOSCOW -The Russian rouble strengthened on Wednesday, climbing to a near two-week high against the euro as the finance ministry held OFZ treasury…

European Stocks Recover To Settle Higher After British PM Lizz Truss Resigns

By Ambar Warrick– Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to… By Ambar Warrick– Most Asian currencies moved little on Tuesday as the dollar steadied from overnight losses, while the New Zealand dollar surged after… By Saqib Iqbal Ahmed NEW YORK – The U.S. dollar edged higher against a basket of currencies on Tuesday, shaking off some of the weakness of the previous session, but a… By Chang-Ran Kim and Leika Kihara TOKYO -Japanese authorities repeated their warnings about the yen’s precipitous fall against the dollar on Wednesday, with Finance… By Ambar Warrick– Most Asian currencies moved little on Wednesday as hawkish comments from Federal Reserve officials helped stem recent losses in the dollar, while… By Tejaswi Marthi – Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the U.S. dollar, as ultra-hawkish posturing by most central banks…

Tesla reported mixed third-quarter results, topping EPS expectations but missing on revenue and margin estimates, sending the company’s stocks lower in extended trading. The British Pound continues to get pushed by headlines but GBP/USD remains in a consolidation pattern for now, even as GBP/JPY has put in a massive move. 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. This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates…

forex news

MOSCOW -The rouble strengthened to a one-week high against the dollar on Monday, supported by the start of a favourable month-end tax period, as oil prices edged lower… First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 15th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims slipped to 214,000, a decrease of 12,000 from the previous week’s revised level of 226,000. Indonesia’s central bank raised interest rates for a third policy session in a row, as expected, to rein in the rising inflation and to strengthen the weakening rupiah exchange rate, which was caused by increased capital outflows.

Major US indices opening with mixed results

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. Today’s release of the September CPI report increases the chances that the BOC will hike rates by 75bps next week.

  • In the coming days, we’ll be finding out more information on the leadership contest and whether a general election could follow.
  • We are go to source for you to get breaking news stories and in-depth market updates from around the world.
  • FX pairs such as USD/RUB and EUR/RUB are unavailable to trade with most North American brokerages including because of Russia’s invasion of Ukraine.
  • The greenback came under selling pressure ahead of the US opening as stocks welcomed encouraging earnings reports.
  • By Leika Kihara WASHINGTON – Bank of Japan Deputy Governor Masazumi Wakatabe said on Saturday the yen’s recent fluctuations were "clearly too rapid and too one-sided,"…

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Factors That Influence Cardano Price

The RBA meets more often than many of its peers, and therefore, it felt justified in only raising rates by 25bps on October 4th. Tesla stock falls over 5% as earnings released post-session on Wednesday. Tesla CEO Elon Musk remains bullish on prospects for the EV leader.

Weekly currency forecast

Bitcoin’s fluctuations since June fit into a triangle with a descending resistance line and horizontal support of $18.8K. Lamb Weston Holdings, Inc. announced Thursday it has entered into an agreement to purchase the remaining equity interests in its European joint venture with Meijer Frozen Foods B.V. For 700 million euros in cash and common stock of Lamb Weston. With CPI ic markets forex due out of the UK and Japan this week, as well as the threat of BOJ intervention, GBP/JPY could continue to be volatile. FX pairs such as USD/RUB and EUR/RUB are unavailable to trade with most North American brokerages including because of Russia’s invasion of Ukraine. In this week’s edition, we are getting technical on the FTSE, Copper, EUR/USD and USD/CHF.

The Philly Fed said its diffusion index for current activity inched up to a negative 8.7 in October from a negative 9.9 in September, but a negative reading still indicates a contraction. Gold trades around $1,632 after peaking at $1,645.60 amid a weaker dollar earlier today. The greenback came under selling pressure ahead of the US opening as stocks welcomed encouraging earnings reports. By Ambar Warrick– Most Asian currencies fell on Friday and were set to end the week lower as hotter-than-expected U.S. inflation drove up fears of more hawkish… By Peter Nurse – The U.S. dollar stabilized in early European trading Friday after the release of another hot U.S. inflation number, while sterling retreated from… By Leika Kihara WASHINGTON -Japan’s top currency diplomat Masato Kanda on Friday said authorities are ready to take decisive action in the currency market if excessive… By Peter Nurse – The U.S. dollar edged lower in early European trading Tuesday, while sterling largely retained overnight strength as investor sentiment soared as…


By Karen Brettell NEW YORK – The dollar dipped against a basket of major currencies and sterling jumped on Monday after Britain’s new finance minister ditched most of… By Peter Nurse – The U.S. dollar edged higher in early European trading Wednesday, bouncing from a two-week low, while sterling slipped back after U.K. By Karen Brettell NEW YORK – The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after… By Karen Brettell NEW YORK – The dollar hit the symbolic level of 150 yen for the first time since 1990 on Thursday, while the British pound rose as Liz Truss said she… The Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued contraction in regional manufacturing activity in the month of October.

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