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Usually at monthly intervals, central banks around the world meet to set interest rates and discuss policy plans going forward. Whether they raise rates, leave rates unchanged or lower rates all depends on the performance of their respective economy and how effective any decision would actually be. For those who pay attention to moving averages, NZDJPY may be of particular interest. Below is a list of currency pairs that crossed key moving average levels over the past day. In the preceding hour, USDJPY has has made the biggest move in the forex asset class, declining -14 pips (-0.13%). Intraday trend traders may wish to note that EURCAD has the strongest trend on the hourly timeframe over the last 20 price bars. Last but not least, intraday traders may wish to take note of the fact that AUDUSD just breached its 50 hour moving average.

forex news

While its broad nature means that it’s hard for a central bank to make policy decisions from directly, GDP remains a primary gauge of overall economic strength. Tightening monetary policy can hit all risky assets, including cryptocurrencies.

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Over the past four weeks, net inflows to crypto funds amounted to $209 million. Technical factors may have influenced the first cryptocurrency’s strengthening. By Alexander Marrow MOSCOW – The rouble pulled away from its weakest mark since late January DotBig Forex on Monday in topsy-turvy trade, attempting to recover from its sharpest drop… By Tom Westbrook and Harish Sridharan SINGAPORE/BENGALURU – The Chinese yuan’s recoil from a near four-year high has raised market nerves that a recent period of…

  • Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
  • Our events endpoint showcases headlines that are receiving high news coverage.
  • We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies.
  • Each and every economic event is labeled with an impact from no-impact to low, medium and high impact as well as the previous, consensus and actual result.

The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. EURUSD rebounds on hopes for a solution to Russia/Ukraine Yesterday, the EURUSD reached the lowest levels since the ECB meeting last Thursday when ECBs Lagarde did not rule out a…

Daily Forex News And Watchlist: Usd

The pairs that made the biggest moves, on a percentage basis, over the past day were EURJPY, NZDJPY, and AUDJPY. Note that USDHKD made an especially large and surprising move over the past day. Stronger than expected growth in new Canadian GDP data sees the Canadian dollar keep a fundamental headwind behind its attractiveness to investors. The ‘big four’ auditor, KPMG Canada, has announced it is adding Bitcoin and Ethereum to its corporate balance sheet. This is the company’s first direct investment in any crypto assets. Relevant data, quality images, and credible sources are essential elements of the service we provide.

From stocks to forex, commodities to the economy—we got you covered! We also provide educational materials and broker reviews for professional and aspiring traders to up their game. What a central bank, such as the Federal Reserve at their monthly FOMC meeting, chooses to do with forex news monetary policy, has a high impact on Forex markets. In this example, raising rates will likely be bullish for the USD, while a rate cut will likely be bearish. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.

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At DotBig Forex API, we have a strict curation process that ensures that all news items are relevant to the specified currency pair. Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free. My Forex News will use the information you provide on this form to be in touch with you and to provide updates and marketing. Unless you’re already a member and enjoying our service, then just sign in. We don’t have a ton of top-tier reports coming our way but that doesn’t mean we won’t see volatility among the major dollar pairs! Trade with a global market leader with a proven track record of financial strength and reliability.

The Deposit Rate To Fall 0 25% By The End Of The Year

This section encompasses all other high impact releases that you may or may not find on your economic calendar. The consumer price index is the change in the price of a basket of goods and services. This is because unemployment data is important to the Federal Reserve when it comes to setting interest rate policy. If unemployment is high, then the Fed is more likely to cut rates in order to stimulate hiring.

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