Tag: FX
The U.S. GDP growth rate in the third quarter was slashed again, and the recession alarm sounded again
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On Tuesday (August 16), local time, the Atlanta Fed’s GDPNow model showed that the U.S. GDP growth rate in the third quarter was expected...
ING: Dollar sell-off won’t last
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Global risk assets rose strongly as U.S. CPI fell below expectations in July. Investors interpreted the data as a reason for the slowdown in...
What is a Pivot Point in Forex Trading?
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A pivot point in financial trading refers to a turning point or condition of a trend, a concept that applies equally to the foreign exchange...
Which economic data affects the dollar’s trend?
Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...
WHAT IS LEVERAGE IN FOREX TRADING?
Leverage in forex is a useful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This means a...
How to Short Forex: Short Selling Currency Explained
Short selling currency involves taking positions under the pretence of a bearish sentiment. Historically short selling has been used in the commodity markets under...
What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Gold dips as investors focus on US jobs data
Gold prices were headed for a third straight weekly gain on Friday after easing slightly during the session as focus turned to a key...
Exclusive – Tesla’s Musk feels ‘super bad’ about economy, needs to cut 10% of salaried staff
SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of...
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....
Dollar to clear recent weak period unscathed – FX analysts
By Hari Kishan BENGALURU (Reuters) - The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of...