By Peter Nurse – The U.S.

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  • We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders.
  • By Peter Nurse – The U.S. dollar pushed higher in early European trade Wednesday with Fed Chair Jerome Powell expected to talk tough on inflation during his testimony…
  • In fact, the website provides objective and high-quality content to traders from all parts of the globe.
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  • For those who pay attention to moving averages, GBPNZD may be of particular interest.
  • Interest Rates and the Forex Market The FX market is greatly impacted by interest rates.

Risk sentiment may be the name of the game in the next trading sessions as a lack of top-tier data releases puts the spotlight on broader economic themes. FX News Group is the leading site providing real-time coverage of the global Forex and CFDs trading industry. ForexNews.PRO is the Forex website created to help beginners and experienced Forex traders. At 4.00 am ET Friday, Germany ifo business confidence survey results are due. The sentiment index is expected to fall slightly to 92.9 in June from 93.0 in May. By Saqib Iqbal Ahmed and John McCrank NEW YORK – The Swiss franc soared against the dollar and the euro on Thursday after the Swiss National Bank delivered a surprise…

Weekly Currency Forecast

Below is a list of currency pairs that crossed key moving average levels over the past day. Forex Factory provides current and up-to-date forex trading news that would affect a trading session.

forex news

Our programming team will contact you in 1-2 business days with a fixed price quote for your project. Learn how to trade forex Forex in a fun and easy-to-understand format. ForexNews.PRO is a forex website with the latest news, analysis and expert opinions.

More Crypto Offering For Cfds; Equiti Brokers Confirmed

Lack of momentum to test the 50-Day SMA ($1864) may undermine the recent rebound in the price of gold as the moving average reflects a negative slope. Choose from spread-only, fixed commissions plus ultra-low spread, or STP Pro for high volume traders. Gold is having a difficult time staging a convincing rebound on Friday and continuing to trade below $1,830. Ahead of the US data, the benchmark 10-year US Treasury bond yield is up 1% on the day, limiting XAU/USD’s upside for the time being. In short, consumers are NOT keeping calm and carrying on with their buying habits amidst higher prices and recession prospects. This is a reversal of the price action on the previous hour, in which price moved up. With the European Central Bank looking a bit slow on its hawkish turns in monetary policy, many analysts see a precarious Euro and a danger of Eurozone fragmentation concerning implementation.

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