Forex And Currency News

The Aussie ticked up 0.14% to $0.6904, though it remained on track for a third straight weekly decline. Read broker reviews, learn how to start trading, and stay up to date with the latest Forex news. 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. French stocks rallied on Friday as investors pared back their inflation expectations.

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Not only did the U.K.’s retail sales drop in May, but consumer confidence also just hit a new record low in June. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. Learn how to trade forex in a fun and easy-to-understand format. Sign up to get the latest market updates and free signals directly to your inbox. WASHINGTON -A bipartisan package of modest gun safety–why-trade measures passed the U.S. Senate late on Thursday even as the Supreme Court broadly expanded gun rights by ruling Americans have a constitutional right to carry handguns in public for self-defense. A corporation that holds $50 million of San Bernardino’s pension bonds sued the city on Wednesday for giving preferential treatment to California’s public pension system as San Bernardino navigates a third year in bankruptcy.

Daily Forex News

Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for EURCAD, CADCHF and AUDNZD. Trading against the 14 day trend in favor of the 90 day trend may be an opportunity some traders would favor on these pairs. Price action traders will also want to note that a base appears to be forming on GBPJPY and NZDCAD. Price bases often precede increases in volatility and a clear trend. Australia’s dollar ticked up 0.13% to $0.6904, but was still set for a 0.48% weekly decline, its third straight losing week. – The Russian rouble stabilised near seven-year peaks on Friday, supported by capital controls and high prices for Russian exports, such as oil and gas, while OFZ… Top liquefied natural gas exporter Australia is in the depths of a power crunch just as traditional buyers are scrambling to meet shortfalls of Russian gas and winter takes hold Down Under.

forex news

We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We’re also a community of traders that support each other Forex on our daily trading journey. The Federal Reserve’s hike and optimistic forecasts on inflation and future rates may have calmed the market for a few hours, but this looks very unlikely to last.

Rupee Declines 7 Paise To Close At 77 73 Against Us Dollar

ForexFraud is designed to inform traders and investors about forex scams, commodity fraud, and other investment scams. is determined to be the very best informative guide on the subject of fraud and scams related to the forex trading market. Read our news section for the latest market news and insights. The Swiss franc advanced against its major rivals in the European session on Friday, on growing concerns about Forex news a recession fuelled by aggressive rate hikes from the Federal Reserve to tame inflation. By Zhang Mengying – The dollar was down on Wednesday morning in Asia, although investors bet on aggressive interest rate hikes from the U.S. There are no top-tier economic data reports scheduled for release during the U.S. session, so traders will more likely extend or break the overall risk-taking theme in the markets.

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  • By Peter Nurse – The U.S. dollar rose in early European trade Friday, posting strong gains against the Japanese yen after the Bank of Japan maintained its ultra-easy…
  • At 2.00 am ET, the Office for National Statistics releases UK retail sales data for May.
  • We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
  • By Nelson Bocanegra BOGOTA -Colombia’s peso currency, its stock index and shares in state-run oil company Ecopetrol fell on Tuesday after leftist Gustavo Petro was…
  • At 4.00 am ET Friday, Germany ifo business confidence survey results have been released.

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