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Forex News Breaking News about Forex & Trading

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. The Forex Market Map provide a quick visual view of the foreign exchange markets and how they are performing on the day, as well as how they are performing versus other major currencies. LONDON – Sterling held steady against the dollar on Monday, as a murky economic growth outlook outweighed positive data for October ahead of the Bank of England’s next policy decision due later this week.

forex news

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 Forex news in one tracking app. A considerable number of events will make the market volatile.

US Inflation (CPI) Briefing; Dollar Index Remains South of 200-Day SMA

The winter is coming, and risky markets expect a rally to come with it. – Most big banks and investment managers expect the cryptocurrency market to pick up in 2023 after a brutal year that saw bitcoin sink around 75% from its all-time high in November last year. By Stella Qiu SYDNEY – Asian shares 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. The UK economy rebounded at a faster-than-expected pace in October with a strong contribution from the services activity, though economists and observers said the monthly figures mask the underlying recession. Later this week, the Bank of England is widely expected to shift the gear down on interest rate hikes.

When it comes to modern active trading, truer words are hard to find. No matter if you are a trader in Asia, the Middle East, Europe, or the United States, the game is on and opportunity is afoot.

FX News

Forex markets tend to respond the most to macroeconomic news – the kind of developments that reflect or impact broad economies. Generally speaking, forex traders can look at economic news to assess its impact on interest rates and monetary policy​. News that suggests a more hawkish central bank tends to push forex pairs up in value relative to other currencies, while dovish news can cause a currency to depreciate. As discussed, our online trading platform, Next Generation, releases regular news and analysis articles Forex for all financial markets. We also provide fundamental analysis reports from Morningstar, as well as market commentaries and updates from Reuters news on our news and insights section of the platform. By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements. Certain major economic announcements can bring additional volatility in the markets, even if it is for just a short period of time.

  • Now traders follow the economic events with new vision as inflation in the US seems like decreasing.
  • 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.
  • Our team explain the price movements of the global markets, giving you the in-depth knowledge you need to place your next trade with confidence.
  • President Joe Biden reacted to Arizona Senator Kyrsten Sinema’s decision to leave the Democratic Party to become an independent, press secretary Karine Jean-Pierre said the White House understood her decision.
  • CHF was the big winner this week, while its usual “safe haven” buddy, JPY, fell to last place on speculation of potential policy shifts from the BOJ ahead.

European stocks ended lower on Monday after a cautious session with investors looking ahead to the upcoming monetary policy meetings of the Federal Reserve and the European Central Bank, and awaiting U.S. inflation data. Stocks are set to rise, paring losses from the previous week as investors lok ahead to inflation data and the Federal Reserve interest rate decision later in the week.

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