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Forex Market and Trading News

Coupled with fresh falls in world oil prices, investor concerns deepen. The euro hit a six-month high against DotBig company the dollar but later slipped back amid uncertainty over next month’s French parliamentary elections.

  • In the event of any discrepancy between the English version and the other versions, the English version shall prevail.
  • USD/JPY is one of the more interesting pairs to watch in this data-light session, as it tests a key support level.
  • With both the RBA and the BoC meetings this week to discuss interest rate policy, AUD/CAD could be volatile.
  • We’re also a community of traders that support each other on our daily trading journey.
  • OSLO – The Norwegian government on Friday rejected a proposal by the country’s bank regulator to tighten mortgage lending, keeping key provisions of the current system in place.
  • However, there are significant differences between the type of news that sets apart currencies from other financial markets.

Federal Reserve January policy meeting minutes show the central bank considered changing the central bank’s interest rate hike plans because of a global slowdown and financial market sell-off. The mood across financial markets turned gloomy on Wednesday as disappointing data from China fuelled fears about slowing global economic growth. From time to time, however, economic announcements are very different from what the broader market was expecting, and this can cause an opposite market reaction. For example, if a central bank hints that rate cuts may be coming, but the currency still rises, there could be other factors in addition to the prospect of interest rate changes. If the currency does not drop on an expectation of a fall in interest rates, then positive sentiment is strong, and this could possibly indicate that it is now a buyer’s market.

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Economic slowdown fears, EU-Russia tensions join hawkish Fed bets to fuel US Dollar. Europe’s stock market indexes tumbled on the UK election announcement with investors worried that this adds to political uncertainty in the region. On the surface, Forex and cryptocurrency trading look similar, but the history and functioning of these markets are notably different — we’ll explain how.

This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice.

US CPI Preview: Will Tuesday’s CPI affect the FOMC’s decision on Wednesday?

Asian shares were under attack on Tuesday, following the negative cues from Wall Street overnight as unexpectedly strong US data revived expectations Forex of the Fed raising rates more than expected. The day is filled with news and events you need to know, and here’re some of them.

forex news

For example, low unemployment suggests a strong economy, so many would expect the stock market to rise. A decision to lower interest rates could make a country’s currency less attractive, causing it to fall against other world currencies.

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