High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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There are some large ones to take note of for today, as highlighted in bold.The first ones are for EUR/USD at the 1.0920-40 region. Those expiries are likely to help keep price action more compact in the session ahead, as traders continue to digest the post-CPI reaction from yesterday.Then, there are the ones for USD/JPY
The pair has begun to rise, reaching 147.33. This shift follows five consecutive sessions of yen appreciation without interruption.Firstly, the US dollar has halted its rapid decline and shows signs of strengthening. This shift has led to a “pause” in the rally on the currency market. Secondly, investors have already priced in the full range
The Japanese yen strengthened against the US dollar on Monday, reaching a month-long peak following the release of statistics indicating Japan’s return to economic growth in Q4 2023. This development effectively ends the previously declared technical recession. Japan’s GDP experienced a quarterly increase of 0.1% and an annual growth of 0.4%. These figures revise earlier estimates
Justin Low Tuesday, 12/03/2024 | 06:30 GMT-0 12/03/2024 | 06:30 GMT-0 There are a few decent-sized ones for today but none of which should have much of any influence on price action. European trading will be more of a waiting room for the US CPI data later in the day. As such, overall dollar sentiment
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not