Author: FX
The focus on the agenda for the Asia day is the Reserve Bank of Australia minutes release, for the February 2023 meetingThe February 2023 monetary policy decision was a +25bp rate hike. And the statement from Governor Lowe accompanying the decision tilted more hawkish, firming up expectations of further hikes to come.Since the decision we’ve had extensive public remarks from Lowe, links can found in these postsSo while the minutes will be eyed for more detail we do know what the RBA is thinking (more hikes to come). This snapshot from the ForexLive economic data calendar, access it here. The…
Share: What you need to take care of on Tuesday, February 21: The week started in slow motion amid the United States celebrating President’s Day. The absence of relevant macroeconomic releases helped majors to trade within tight intraday ranges. In the meantime, the market sentiment is sour. Tensions between the United States and China over the balloons shots earlier this month continue as US top diplomat Anthony Blinken said Beijing’s actions were irresponsible, while Chinese officials responded US reaction was “hysterical.” Meanwhile, North Korea fired an intercontinental ballistic missile on Saturday that landed in the Sea of Japan.…
Virtus Newfleet High Yield Bond ETF declares monthly distribution of $0.0965 Source link
© Reuters. FILE PHOTO: A view shows the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank February 25, 2020. REUTERS/Ammar Awad/File Photo By Michelle Nichols UNITED NATIONS (Reuters) -The U.N. Security Council issued a formal statement on Monday denouncing Israel’s plan to expand settlements on occupied Palestinian territory, the first action the United States has allowed the body to take against its ally Israel in six years. Washington’s support for the presidential statement – action the 15-member council has to agree by consensus – came after the United Arab Emirates said it would not put a stronger draft…
SNB is still willing to be active in FX marketsVery strict about price stability mandateThe EURCHF has been consolidating over the last 10 days mostly between 0.98459 and 0.99248. Today, the price fell back below its 100 day moving average at 0.9871, and stayed below its 200 day moving average of 0.98927. The high price today reached 0.9888 and rotated to the downside. Closing below the 100 day moving average will tilt the bias more to the downside in the pair. However, there is a lot of support going back to the beginning of December ahead including: The low price…
Invesco BulletShares 2023 Municipal Bond ETF declares monthly distribution of $0.0400 Source link
Share: USD/MXN jumps from YTD lows around $18.33 and climbs to 18.40. USD/MXN Price Analysis: Positive divergence remains, which could pave the way for a recovery. The USD/MXN bounces after hitting multi-year lows around 18.3301, snapping three days of consecutive losses. Nevertheless, the USD/MXN would remain pressured after a strong downtrend dragged prices from the last year’s $21.05 peak toward the above-mentioned $18.33 area. At the time of writing, the USD/MXN exchanges hand at 18.4076, above its opening price by 0.25%. Technically speaking, the USD/MXN daily chart portrays a bearish continuation as the most likely scenario. However, the…
The use of blockchain technology in the healthcare industry has the potential to revolutionize the way medical records are managed, medical research is conducted and patient care is delivered. Here are nine promising use cases for blockchain in healthcare. Medical records can be safely stored and managed using blockchain, improving accessibility for patients and healthcare professionals. Patients’ ability to control access to their medical records enhances security and privacy. One example is MedRec, a blockchain-based system for managing medical information created by MIT researchers. Continue Reading on Coin Telegraph Source link
Enough experience in the forex market can delude some traders into believing that they can fully predict price action. After all, if you have years of screen time under your belt and you’ve put in the 10,000 hours in developing your analytical skills, it can be tempting to assume that you know the markets inside out. This kind of assumption is dangerous because it can eventually turn into what I’d like to call the “trader god complex,” wherein one has an unshakeable belief in his or her infallibility in predicting future price movements. This is typically manifested when a forex…
Gold Price (XAU/USD), Chart, and AnalysisGold is treading water ahead of event and data risk.The US bond market is closed, and the greenback is listless. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter For all market-moving events and data releases, see the real-time DailyFX CalendarThe NYSE, Nasdaq, and the US bond markets are all closed Monday for US Presidents’ Day, leaving a range of markets hesitant of making a move. The US dollar and the US bond market, have been the main drivers of gold price…