Author: FX
General Dynamics secures $377M contract modification for U.S. Navy Source link
Investing.com – Australia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Sydney, the gained 0.68%. The best performers of the session on the were EML Payments Ltd (ASX:), which rose 7.50% or 0.05 points to trade at 0.65 at the close. Meanwhile, Magellan Financial Group Ltd (ASX:) added 6.44% or 0.62 points to end at 10.24 and Zip Co Ltd (ASX:) was up 5.69% or 0.14 points to 2.70 in late trade. The worst performers of the session were Fisher & Paykel Healthcare Ltd (ASX:), which…
Will the Reserve Bank of New Zealand (RBNZ) cut interest rates again this week? Expectations are for an aggressive 0.50% reduction in borrowing costs, as policymakers worry about risks of inflation undershooting their target. Here’s what I’m watching on NZD/CHF and NZD/CAD in this dovish scenario. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
Word around is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re giving you points that might help if you’re trading the event! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
China’s gold reserves sat at 72.8 million fine troy ounces at the end of September, for a fifth straight monthData via the People’s Bank of China released on Monday.In USD terms 191.47bn in September vs. 182.98bn in AugustFX reserves 3.316tln USD vs. 3.288 tln end-August. Source link
There’s no shortage of top-tier market catalysts this week since we’ve got a couple of central bank events, plus U.S. inflation and Canada’s employment figures to boot. Don’t forget that Fed monetary policy expectations tend to shape overall market sentiment also, so Uncle Sam’s CPI and PPI figures could tip the scales when it comes to the size and timing of rate cuts. What are the markets expecting from these reports? This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading…
USD/JPY retreats after touching its highest level since August 16 amid intervention fears. Reduced bets for more BoJ rate hikes and an oversized Fed rate cut should lend support. Any meaningful corrective slide could be seen as a buying opportunity and remain limited. The USD/JPY pair struggles to capitalize on a modest Asian session uptick or find acceptance above the 149.00 mark and retreats a few pips from its highest level since August 16 touched this Monday. Spot prices slide below mid-148.00s, or a fresh daily low in the last hour and for now, seem to have snapped a three-day…
The foreign exchange market, or forex for short, can feel like a whirlwind of activity. Prices fluctuate constantly, making it challenging to predict where the next big move might be. But fear not, aspiring trader! Technical analysis tools like the EMA Cross MT4 Indicator can be your trusty compass, helping you navigate the ever-changing forex landscape. In this comprehensive guide, we’ll delve into the world of the EMA Cross, unpacking its secrets and empowering you to make informed trading decisions. Whether you’re a seasoned veteran or a curious newcomer, this article is designed to illuminate the path to successful trend…
(Reuters) -Senior officials from China’s top economic planning agency will brief reporters on Tuesday on steps to implement policies to promote economic growth, the State Council Information Office said in a notice. It said five officials, including the chairman of the National Development and Reform Commission, Zheng Shanjie, would attend the news conference. The topic will be: “systematically implementing a package of incremental policies to solidly promote economic growth, structural optimisation and sustained momentum of development”. The statement gave no further details. Tuesday is the first working day in China after a run of holidays over the past week, including…
Just_Super Rio Tinto (NYSE:RIO) has approached lithium miner Arcadium Lithium (NYSE:ALTM) about a possible takeover, the companies said Monday. The companies issued separate statements on the approach, but neither disclosed any further detail. Each said there was “no certainty that any transaction will be Source link