USD now closer to fair value after a period of ’persistent misvaluation’: BofA
USD now closer to fair value after a period of ’persistent misvaluation’: BofA
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USD now closer to fair value after a period of ’persistent misvaluation’: BofA
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Today, the UK GDP changes for October were published, as reported by Forex Factory (month-on-month): → Actual = -0.1%;→ Forecast = +0.1%;→ Previous = -0.1%. The data revealed a slowing UK economy, defying analysts’ optimistic expectations. According to Reuters and other outlets, the latest GDP figures: → Could strengthen traders’ expectations of a more rapid…
MARKET REPORT Review: – Trump convicted on all 34 counts. Awaits sentencing. – US Q1 GDP and Core PCE revised lower – US Weekly jobless Claims rise slightly more than expected – US Fed’s Williams sticks to script – Rate cut expectations increased slightly. – US to restrain AI chips sales to the Middle East,…
If you’re exploring ways to diversify your portfolio or earn a steady income, Forex PAMM accounts might catch your attention. These accounts allow you to invest in the forex market without the hassle of trading yourself. Managed by seasoned traders, these accounts provide opportunities for passive income while utilizing risk management strategies. However, like any…
Gold is on track to finish the week about $45 lower but you wouldn’t know it from Asia-Pacific trading this week. Every day since the start of the war we’ve seen significant gains in Asian trading, often fading later in the day. That strength is a hint at where the bids are coming from: China….
LSEG Risk Intelligence has partnered with Docusign to integrate real-time bank account verification into Docusign’s eSignature platform. The move is aimed at boosting digital contract security and reducing fraud in the US market. The companies explained in a press release that the collaboration enables US-based users to instantly verify consumer and business bank account details…
OptAxe, a regulated trading venue for FX options, announced Tuesday that it received FCA authorisation to operate a multilateral trading facility (MTF). OptAxe explained in a press release that it aims to address the inefficiencies and fragmentation of the current FX options market by providing a centralised platform for liquidity discovery, dissemination, and execution. “OptAxe…