Dec 312020
 
ANZ Bk Agarwal: India debt mkt merits more confidence

Nitin Agarwal, ANZ Bank's head of trading, refrains from writing out a … Q. What is the trading theme for rates as well as foreign exchange for 2021?
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USD/JPY Forex Technical Analysis – Trading on Bearish Side of Short-Term Pivot at 103.393

The Dollar/Yen is trading lower early Wednesday on renewed selling pressure and end-of-the month position-squaring as the prospect of additional …
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EMERGING MARKETS-Most Asian currencies advance, likely vaccine deal boosts won

… vaccine optimism remain the key drivers of Asian FX strength this morning,” said Christopher Wong, a senior foreign exchange strategist at Maybank …
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Currency Traders Short US Dollar amid Growing Appetite for Risk

Currency traders are bearish on the U.S dollar at mid week's trading session, pushing the dollar to its two weeks low, amid strong gains seen in its …
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Dec 302020
 
Metals Stocks: Gold prices edge higher as US dollar slips to over 2 1/2-year low

Metals Stocks: Gold prices edge higher as U.S. dollar slips to over 2 1/2-year … metals trade against a backdrop of a weaker dollar and buoyant benchmark … Forex (or FX or off-exchange foreign currency futures and options) trading …
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CEE MARKETS-Polish zloty firms despite c.bank chief's rate-cut comments

The currency could easily end the year in this range between 364 and 365,” a Budapest-based FX trader said. Stocks were mixed, with the main indexes …
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What are Forex Chart Patterns?

It can even grow every day as new assets, pair behaviors, and financial instruments are continuously created. In other words, as the market evolves …
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USD/CHF languishes close to annual lows in the 0.8820s

USD/CHF languishes close to annual lows in the 0.8820s … The pair currently trades close to these lows, pressured by broad USD … … Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial …
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Dec 292020
 
Bitcoin price surged to $24.6K, but direction of next rally is unclear

… all-time high and surged above $24,600 as traders analyze what will come next. … and aggregates stories related to bitcoin and other crypto currencies. … Forex (or FX or off-exchange foreign currency futures and options) trading …
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AUD/NZD Putting Off a Decision from 1.0707

The Australian versus the New Zealand dollar currency pair seems to be prepared to fall. Yet, it continues climbing, …
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Russian currency, oil prices will recover in early 2021, market watchers say

They project the oil price to rise to $55 per barrel in early 2021, whereas the ruble's exchange rate – to 72 rubles per the US dollar. Despite the recent …
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Bristol Myers Squibb's Opdivo failed a study testing it as a treatment for rare cancer

Shares of Bristol Myers Squibb were down 0.1% in premarket trading on … You should be aware of all the risks associated with foreign exchange …
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Dec 262020
 
Treasury yield curve steepest since October 2017 on Brexit trade deal hopes

Treasury yield curve steepest since October 2017 on Brexit trade deal hopes … The gap between the 2-year note and the 10-year note rate was at 0.84 … Forex (or FX or off-exchange foreign currency futures and options) trading …
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Oil prices hold sharp gains as weekly EIA inventory report shows 562000-barrel fall in crude supplies

February West Texas Intermediate oil [s:CLG21] were trading up 1.5% at … You should be aware of all the risks associated with foreign exchange …
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Heber City man accused of defrauding 66 investors out of over $10 million sentenced

… in a fraudulent foreign currency day-trading business, which started in 2016 and ended in early 2020, according to the U.S. Attorney District of Utah.
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The Analytical Overview Of The Main Currency Pairs

The foreign exchange market started giving more signals for a mid-term correction. Trading recommendations. Support levels: 1.2273. Resistance levels: …
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Dec 232020
 
USD/BRL Forecast: Brazilian Real Pulls Back Against Dollar

This will be much more sensitive to US dollar strength than other currency pairs such as the EUR/USD pair, the GBP/USD pair, etc. Another thing to …
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German Import Prices Continue To Fall In November

The expected rate was 0.4 percent. … Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is …
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Swing Trade British Pound: GBP/USD (GBP=X) with Metastock Charts

$GBP #BritishPound #USD #FX #Currencies #Trading #Metastock. British Pound Ticker: GBP= Price: $1.3407. British Pound News. GBP/USD trades …
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Crypto currency aims for mainstream as Coinbase files for IPO

If it does go ahead, the IPO would make Coinbase the first significant U.S. crypto exchange to be listed on the stock market and would represent a …
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Dec 222020
 
Japanese Yen 1Q 2021 Forecast: Key Trend Breaks Hint at Sustained Losses

… lower against the Australian and New Zealand Dollars as bearish technical … You should be aware of all the risks associated with foreign exchange …
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Interview: Economists criticize US Treasury's methodology in labelling Switzerland as "currency …

In its Semiannual Report on International Economic and Exchange Rate … and a persistent one-sided intervention in the foreign exchange market.
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Big events this week, what does it mean for FX?

The market's appetite for US dollars will determine how many currencies trade but there's enough global data for divergences to cause big moves for …
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Bond Report: Treasury yields erase early rise on threat of renewed lockdowns

… activity and spark renewed lockdowns put a damper on a stock-market rally. … Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor.
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Dec 202020
 
Bitcoin tycoon Mike Novogratz breaks down how the pandemic accelerated the cryptocurrency …

… that the pandemic has created the perfect macro backdrop for cryptocurrencies. … and aggregates stories related to bitcoin and other crypto currencies. … Forex (or FX or off-exchange foreign currency futures and options) trading …
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Cryptocurrencies like Bitcoin are ready to go mainstreamPhilip Aldrick

Campbell Adams, a former FX trader who in 2013 developed an exchange that blocked speed traders, is close to launching the first mainstream crypto …
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EDITORIAL: Central bank's vigilance paying off

The US Department of the Treasury said in its long-delayed biannual report on the foreign exchange practices of major trading partners that Taiwan …
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Goldman Revises Lira Forecasts Stronger Again, Sees Flatter Path

The U.S. bank now forecasts the lira's exchange rate against the dollar at … The effort will likely result in “a stable currency path” instead of “outright …
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Dec 192020
 
Sliding dollar steadies as virus worries persist

“A skinny free trade agreement with potential concessions on fisheries and … after the finance minister vowed action to stabilise the currency market.
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China's Yuan Is a G-10 Currency to HSBC's New FX Research Chief

(Bloomberg) — The yuan is now one of the most actively traded currencies in … according to data compiled by China Foreign Exchange Trade System.
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What is the London fix in the forex market?

The London fixing is the benchmark value of a currency pair on any given day from Monday to Friday. This official rate is settled at the close of the .
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USD/CHF Slides As SNB Plans More FX Interventions in 2021

The USD/CHF currency pair tumbled 0.15% to 0.9102, from an opening of 0.9115, at 19:20 GMT on Wednesday. The EUR/CHF slipped 0.09% to …
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Dec 182020
 
USD Slumps ahead of Final Fed Interest Rate Decision

The US dollar declined against most currencies as traders waited for the … The XAU/USD pair rose to an intraday high of 1,865 ahead of the FOMC …
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EUR/USD Forecast: Euro Continues to Find Same Issues

The euro is one of the least volatile currency pairs nine times out of ten, … more fluctuation, which is the typical day-to-day action in this pair anyway.
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UPDATE 1-Fitch affirms BB- sovereign rating on Brazil, negative outlook

While noting that Brazil's large foreign currency reserves, liquid domestic debt market and flexible exchange rate can help absorb any shocks, Fitch …
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USD/JPY: Market More Comfortable With Lower Levels As The Steady Grind Towards 100 …

The post USD/JPY: Market More Comfortable With Lower Levels As The Steady Grind Towards 100 Continues – MUFG appeared first on Forex …
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Dec 162020
 
ECB Preview: More money but no honey, Lagarde may lower the euro if she wants to

Euro/dollar has changed from a tightly-traded currency pair to a boasting a big breakout, hitting the highest levels seen in 32 months. While this …
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EUR/USD: Ready for lift-off towards 1.22

The world's most popular currency pair is ready to attack 1.22 as stimulus, Brexit and technicals look promising, FXStreeet's Analyst Yohay Elam …
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Digital Currency EaaS MyXchange to Aid Emerging, Yet Volatile Economies

MyXchange allows money transfer organizations (MTO) to run a secure crypto-fiat exchange that features full KYC, AML, liquidity, wallet security, and …
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FOREX-Pound teeters, dollar dithers as traders look to Brussels

The dollar earned a reprieve from selling pressure on Wednesday as traders paused to weigh risks ahead, ranging from Brexit trade talks in Brussels to …
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