FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. US stocks plunge after US inflation came in hotter than forecast.

Banxico has been hiking rates at the same pace as the Fed since the beginning of summer, most recently with a 75bps rate hike last week. The DXY is moving to the 50% retracement level of the September 28th highs to the lows of October 4th. Unless there is a surprise in the markets before then, DXY is likely to sit near these levels until the data is released. Another day, another handle higher for USD/JPY has traders https://forexreviewdaily.com/lightspeed/ continue to defy threats of intervention of the yen. By Ambar Warrick Investing.com– Asian stocks fell sharply on Monday, with Chinese chipmakers leading declines on new U.S. trade curbs, while broader sentiment was dented by fears… By Ambar Warrick Investing.com– The Japanese yen hit a new 24-year low to the dollar on Wednesday, ramping up expectations of more currency market intervention by Tokyo to…

Gbp

Get expert reaction to latest market news and seize potential opportunities. MUMBAI – The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against the dollar on concerns over the… By Geoffrey Smith Investing.com — The dollar was www.lightspeed.com login broadly flat in early dealings in Europe on Friday, holding on to the gains it made on the back of more hawkish commentary from… By Gertrude Chavez-Dreyfuss NEW YORK – The safe-haven U.S. dollar gained broadly in volatile trading on Tuesday, adding to recent gains, after a top Bank of England…

• In this week’s edition, we discuss the pound’s extreme volatility amid the BoE’s intervention and government’s questionable policy response to soaring cost of living crisis in the UK.
• By Caroline Valetkevitch NEW YORK – The U.S. dollar strengthened against major currencies on Friday after U.S. data showing employers hired more workers than expected in…
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• MUMBAI – The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against the dollar on concerns over the…
• By Leika Kihara WASHINGTON -Bank of Japan Governor Haruhiko Kuroda said on Wednesday fast and one-sided moves in the yen would be bad for the economy, signalling the…

By Gertrude Chavez-Dreyfuss NEW YORK -The U.S. dollar rose for a fourth straight session on Monday as investors looked to inflation data later this week that is likely… By Yasin Ebrahim Investing.com — The dollar could mount a move toward fresh highs for the year as inflation data set for later this week showing that core inflation likely remains… By Peter Nurse Investing.com – The U.S. dollar traded in a tight range in early European trading Thursday ahead of the release of widely-watched U.S. inflation data, while sterling… Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.4 percent in September after inching up by 0.1 percent in August. Based on today’s NFP report, the US jobs market is still strong and should lead to more rate hikes by the Fed.

Trade Ideas

A total of at least 150bps of rate hikes by the end of the year is now the market’s base case as the Fed continues to scramble to catch up with rising prices. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

By Ambar Warrick Investing.com– Most Asian currencies crept lower on Monday, while the dollar steadied amid growing fears of more hawkish moves by the Federal Reserve on signs of… By Geoffrey Smith Investing.com — The dollar was broadly higher in early trading in Europe on Tuesday as the pound weakened amid fresh signs of trouble in the U.K. By Ambar Warrick Investing.com– Asian currencies fell further on Wednesday amid growing fears of a global recession, while the dollar continued its ascent on safe haven demand…

Eia Weekly Crude Oil Inventories +9880k Vs +1750k Expected

Natural Gas Charts Point to a RallyNatural gas traded down to support with a strong price action response suggesting it may be ready to rally. LONDON – The euro fell against the dollar on Friday, while European stocks dropped and bond yields rose after data showed the U.S. economy created roughly as many jobs… Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments. With the continued uncertainties surrounding BOE intervention, along the US release of inflation data this week, GBP/USD could be in for some volatility.

By Senad Karaahmetovic The persistently strong U.S. dollar continues to create headwinds for businesses that have high international exposure. It may lightspeedlogin depend of the size of the energy crisis that is brewing throughout Europe, as well as the extend to any type of price cap placed on Russian oil.

Moderna was one of the hot stocks of the covid era before eventually winding down as it appeared we had finally overcome the scourge of covid. Forex Justin Bennett, a crypto analyst observed the trend in the crypto market capitalization excluding Bitcoin and predicted a massive breakout.

Two Trades To Watch: Eur

By Eliana Raszewski BUENOS AIRES – Argentina will regulate import authorizations more closely in an effort to prevent fraud and preserve reserves of U.S. dollars,… By Geoffrey Smith Investing.com — The dollar strengthened in early dealings in Europe on Monday, after Russia launched a barrage of missile attacks against Ukrainian cities… By Tetsushi Kajimoto TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday the United States showed understanding to “a certain extent” on Tokyo’s currency… By Leika Kihara WASHINGTON -Bank of Japan Governor Haruhiko Kuroda said on Wednesday fast and one-sided moves in the yen would be bad for the economy, signalling the…

By Geoffrey Smith Investing.com — The dollar weakened in early trade on Wednesday in Europe, amid confusion over the Bank of England’s willingness to carry on supporting a U.K…. By Krisztina Than BUDAPEST – Hungary’s central bank tightened forint liquidity further on Wednesday at a deposit tender as part of its latest efforts to shore up the… By Leika Kihara WASHINGTON -Finance leaders of the Group of Seven advanced economies said on Wednesday they will closely monitor “recent volatility” in markets, and… By Ambar Warrick Investing.com– Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key data that is expected to show U.S. By Gertrude Chavez-Dreyfuss NEW YORK -The dollar fell against most currencies in volatile trading on Thursday, after initially spiking following a hotter-than-expected… The Switzerland stock market ended modestly higher on Thursday, recovering well after suffering a sharp setback around mid afternoon. Bitcoin has been declining in the past week, following the stock market, but has moved rather reluctantly.

After a 5-day correction, the US dollar index is showing signs of stability above a key support zone. In this week’s edition, we discuss the pound’s extreme volatility amid the BoE’s intervention and government’s questionable policy response to soaring cost of living crisis in the UK. Traders increased net-short exposure to metals , but also increased their bearish outlook on GBP and JPY futures. With the Fed raising 75bps at its September meeting, the FOMC Minutes noted that the risks of doing too little outweighed the risk of doing too much. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Arsh Tushar Mogre and Devayani Sathyan BENGALURU – India’s rupee will trade near its record low against the mighty greenback beyond this year, buffeted by rising oil…

By Tetsushi Kajimoto and Mariko Katsumura TOKYO -Japan’s policymakers continued to warn investors on Wednesday against selling the yen, as the dollar rose to a fresh… By Leika Kihara WASHINGTON – Japan is ready to take “decisive” action against rapid yen declines and is focusing on volatility rather than levels in deciding https://www.ig.com/en/forex whether to… A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th. The Labor Department said initial jobless claims rose to 228,000, an increase of 9,000 from the previous week’s unrevised level of 219,000.