Forex

Today’s market highlight is oil off 2% on a simmering OPEC+ row. The Russell 2000 rose 0.7%, but stocks were stagnant in this holiday-shortened trading session today. The VIX made a new low below 13 for its current move, reflecting calm on Wall Street as traders watched shoppers flock to stores for Black Friday while […]

Gold gets rejected a tad below its recent 5-month peak A failure to claim that level could validate a double top structure While momentum indicators remain tilted to the upside Gold had been in a steep uptrend since November 10, when the price bounced off the crucial 200-day simple moving average (SMA). The latest rally seems to

FXTRADING.com, a Sydney-based forex broker and part of the Gleneagle Group, has launched an innovative trading ecosystem – FXT. This platform is a comprehensive suite of trading solutions, revolutionizing the trading experience for both traders and affiliates. According to the retail broker regulated in Australia and Vanuatu, FXT is not just a collection of applications

In the overall assessment, the probability of a short-term pullback seems increasingly likely, and quite frankly, necessary.  Silver remained relatively subdued during the trading session on Thursday, with traders contending with diminished liquidity due to the Thanksgiving holiday. It’s pertinent to acknowledge that the quiet market conditions are set to persist, as the absence of

As the market enters the cyclical trade season, market participants are increasingly attuned to the impending drop in temperatures, a factor that invariably kindles demand for natural gas. The natural gas markets exhibited a notably subdued performance during the trading session on Thursday, reflecting the ongoing quest for a solid support base. In this landscape,

Mumbai, Nov 24 (PTI) The rupee edged 3 paise lower to close at 83.37 (provisional) against the US dollar on Friday, tracking higher demand for US dollars from importers and a weak tone among Asian currencies. Source link

Dubai, United Arab Emirates–(Newsfile Corp. – November 24, 2023) – Propridge Capital Markets proudly unveils groundbreaking innovations poised to revolutionize the world of forex trading. Today, the Company embarks on a journey to reshape the trading landscape, offering traders and investors globally a new perspective. Far more than a traditional broker, Propridge Capital Markets emerges

Mumbai, Nov 24 (PTI) The Reserve Bank on Friday updated the ‘Alert List’ of unauthorised forex trading platforms by adding 19 more entities, including FX SmartBull, Just Markets, and GoDo FX, taking the total to 75. Source link

Japanese core inflation rises US PMIs expected to show little change The Japanese yen is unchanged on Friday, trading at 149.57. Japan’s core inflation rises to 2.9% Japan’s core CPI rose slightly in October to 2.9% y/y, up from 2.8% in September and just below the consensus estimate of 3.0%. The core CPI print excludes

A quiet end to the week draws to a close with European indices treading water and economic data highlighting the challenges facing the bloc. Nowhere is that more evident than in Germany which appears to be on the brink of a double-dip recession and facing immense uncertainty over its budget for next year as it

The Reserve Bank of India on 24 November updated the ‘Alert List’ of unauthorized forex trading platforms by adding 19 more entities, including FX SmartBull, Just Markets, and GoDo FX, taking the total to 75. According to the list, these entities are neither authorized to deal in forex under the Foreign Exchange Management Act, 1999

Since the last RBNZ meeting, data have been coming on the weak side Investors see no more hikes and expect 40bps worth of cuts for 2024 But the RBNZ is unlikely to satisfy market bets The meeting is scheduled for Wednesday, at 01:00 GMT Data points to softening economic activity At its latest gathering, the

Taipei, Nov. 24 (CNA) The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.083 to close at NT$31.628. Source link