Seems like a simple fix and it would make tracking my account so much easier. I don’t use much else on the app so I can’t speak to that but it is nice to have your entire portfolio in one tracking app. In case we couldn’t get through, we will try again at the same time the next day.

Nevertheless, the Shanghai Composite Index and Hong Kong’s Hang Seng Index both remain on track to end the day in negative territory. Economists at ING expect the “Old Lady” to revert to a 50 bps hike with the GBP/USD pair moving below the 1.23 mark. The day is filled with news and events you need to know, and here’re Forex some of them. But most trends reverse at some point, and a change in the underlying economics could be the first sign of this. Paying attention to when trading announcements are due can mean that you end up placing a carefully planned trade just before a major event happens, which instantly triggers your stop-loss.

Profit Taking May Dent Hong Kong Stock Market

That said, discussions surrounding the pandemic emergency purchase programme and asset purchase programme of the European Central Bank will be crucial for the EUR/USD pair buyers to watch. Although the US Federal Reserve and the European Central Bank are both likely to announce a 0.50% rate increase, the recently firmer US data and the latest comments from the policymakers suggest that the Fed will be more hawkish than the ECB. Federal Reserve, European Central Bank both are up for 0.50% bps rate hike actions. It’s worth noting, however, that a convergence of the 100-day EMA and the stated wedge’s support line, near 0.6690, appears a tough nut to crack for the AUD/USD bears. Meanwhile, the US dollar, as measured by the DXY index, has moved 0.28% higher against a basket of currencies to 105.23, although it is not too far away from the five-month trough of 104.1 a week ago. “There’s a risk of a recession. But– it certainly isn’t, in my view, something that is necessary to bring inflation down.”

Nearly a fifth of Canada’s oil exports to the United States was shut off at the same time that tankers carrying Russian crude are backed up in the Black Sea following the imposition of European Union sanctions and price caps. West Texas Intermediate is higher by some 0.57% on the day having travelled Forex news between a low of $71.47 and a high of $72.30. However, a fresh 2022 low was put into place on Friday due to supply concerns following a major spill from TC Energy’s Keystone Pipeline in Nebraska. Fed policymakers are advocating a deceleration in policy tightening pace to reduce financial risks.

Powell’s Brooking Institute speech is a dovish version of his November 2nd FOMC press conference

The Jakarta Composite Index now rests just above the 6,715-point plateau and it’s got another weak lead for Monday’s trade. WARSAW – There is currently no place for talk of rate cuts, Polish central banker Joanna Tyrowicz said on Friday, labelling questions about when borrowing costs could start to fall “absurd” under the current circumstances. By Stella Qiu SYDNEY – Asian shares DotBig dipped on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the U.S. Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

forex news

The catalyst for the recent sharp slide in the US dollar was October’s CPI numbers. The fall to 7.7% on the headline number along with a decline in core prices to 6.3% also saw yields slip back. Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said. Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300. The U.S. dollar commenced the week on a strong note, with the dollar index rising 0.53% to 107.49, boosted by defensive buying as investors weighed in on a spike in COVID-19 cases in China. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market. USDJPY bulls have not given up yetYen bulls remain in the vicinity and have not given up the fight yet.

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