forex news

Financial & Business News Forex News Mitrade

Euro zone yields fell on Monday as investors bid for safe-haven assets on fears that COVID rules and the resulting protests in China might further weigh on the global economic outlook. The dollar weakened on Monday as investors weighed up the recent drop in U.S. government bond yields, while anti-government protests in China sent the yuan to a two-week low. The dollar fell sharply against Japan’s yen on Monday as investors focused on rare protests in China, which pushed the yuan to a two-week low. 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. Read more about using fundamental analysis in the consideration of external factors as part of your news trading strategy. By Rae Wee SINGAPORE – The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervous investors toward the safe-haven greenback. When starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole, and how such developments and affected by macro fundamentals, technical factors, and market sentiment.

forex news

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. Europe’s stock market indexes tumbled on the UK election announcement with investors worried that this adds to political uncertainty in the region. That’s why the best traders stay one step ahead of the action. Our market calendar can be customised by date, market impact and country, so you can filter these to be more relevant for the asset or market that you are interested in trading.

ForexLive European FX news wrap: Dollar fails to hold on to gains, risk stays pressured

As with other asset classes, forex trading news can become particularly active before and following major economic events. However, there are significant differences between the type of news that sets apart currencies from other financial markets. As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex trading account and use our award-winning platforms1 to take advantage of movements in currency prices. In general, news that has a significant impact on individual company shares may not have a major impact on currencies. Stock market news that has little or no impact on currencies includes earnings reports, management changes, mergers and acquisitions and partnerships.

  • As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets.
  • Trading on news announcements can require you to make quick decisions, as the financial markets may be impacted almost immediately.
  • We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools.
  • Get expert reaction to latest market news and seize potential opportunities.

FTSE 100 of the London Stock Exchange shed close to half a percent amidst fears that the Covid spread and the widespread unrest in China could impact global economic demand and recovery. Get expert reaction to latest market news and seize potential opportunities. As if 75bp was not enough, the RBNZ came out swinging by increasing their terminal rate much higher than we anticipated. With not a lot of data on tap, traders could continue to trade the possibility of a Fed slowdown. In our crypto guides, we explore bitcoin and other popular coins and tokens to help you better navigate the crypto jungle.

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