Author: FX

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Source link

Mexican board member of Sabadell accepts BBVA’s bid; board tells investors to reject bid Source link

German DAX, +0.57%France’s CAC +0.19%UK’s FTSE 100 +0.54%Spain’s Ibex +1.04%Italy’s FTSE MIB +0.40%As London/European traders head for the exits, US stocks are trading lower in up-and-down trading:Dow industrial average is down -107 points 4-0.23% at 46209.39. At session highs the index was up 66.54 points. S&P index -7.48 points or -0.13% at 6652.63. The index had a modest 0.36 point rise at the highsNASDAQ index -42.78 points or -0.19% at 22547.50. At session highs the index was up 22.24 pointsIn the US debt market, yields are mixed with a steeper yield curve:2 year yield 3.600%, -3.3 basis points5 year yield…

Pound Sterling climbs above 1.3460 as US budget gridlock sparks worries of shutdown disrupting key economic data releases.US Job Openings rise to 7.227 million, while Conference Board Consumer Confidence dips below expectations.UK GDP growth beats forecasts at 1.4% YoY, but Sterling strength mainly fueled by broad-based Dollar weakness.The Pound Sterling (GBP) extends its gains for three straight days on Tuesday, edging up 0.20% as investors sell off the US Dollar (USD) amid fears of a US government shutdown. GBP/USD is trading at 1.3461 at the time of writing.Sterling gains for third day as political deadlock in Washington drives Dollar sell-offThe…

The US Dollar (USD) is weakening on Tuesday, with the US Dollar Index (DXY) trading down 0.2% at the time of writing, as investors position themselves ahead of the much-anticipated release of the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI), scheduled for Wednesday at 14:00 GMT.Traders remain cautious, as a better-than-expected figure could revive expectations of a pause in the Federal Reserve’s (Fed) monetary easing, while further weakness in the manufacturing sector would reinforce bets on additional interest rate cuts by the end of the year.Manufacturing sector still under pressureThe ISM Manufacturing PMI is expected to reach…

EUR/USD extends its gains for a third consecutive day as the US Dollar remains on the defensive.Softer US Consumer Confidence and looming government shutdown risk weigh on the Greenback.JOLTS Job Openings surprise to the upside but fail to boost the US Dollar.The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday, with EUR/USD erasing earlier losses as the Greenback remains on the defensive following the latest batch of US data. Weaker-than-expected consumer confidence figures and concerns over a potential government shutdown in the United States (US) kept the Greenback on the back foot, helping the Euro reverse its…

Gold steadies after setting a fresh all-time high near $3,871 on Tuesday.US shutdown fears rise after White House talks fail to reach a deal.US data failed to boost the Greenback, as weaker Consumer Sentiment offset a modest uptick in Job Openings.Gold (XAU/USD) trims earlier losses on Tuesday, trading around $3,848 at the time of writing. The metal is clawing back gains after sliding from its fresh all-time high near $3,871 to the $3,800 zone, as buyers stepped back in following the release of weaker US Consumer Confidence data.The underlying bid for Bullion remains intact, supported by investor demand for safe…

Trump says will look at going after cartels in Venezuela by land Source link

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 invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

NGEx Minerals to sell 4M shares in private placement to raise C$100M Source link