Asia FX muted amid US shutdown caution; yen outperforms on haven demand

Asia FX muted amid US shutdown caution; yen outperforms on haven demand
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Asia FX muted amid US shutdown caution; yen outperforms on haven demand
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The EUR/USD outlook remains choppy near 1.1600, with an eye on HICP data. Eurozone inflation is expected to tick up, reinforcing the ECB’s decision to hold in the December meeting. Fed easing odds continue to weaken the dollar, lending support to the EUR/USD. The EUR/USD price remains flat near 1.1600 during the earlier European session…
The HCLC Range MT4 Indicator is a technical analysis tool used in MetaTrader 4, a popular platform for forex and stock traders. It primarily focuses on the range between the highest and lowest prices over a certain period, helping traders assess market volatility. This indicator displays key price data on the chart, making it easier…
Dollar Strengthens to Near 12-Week High October 23, 2024 The morning after the U.S. election is just two weeks away, and investors are betting that the winner of the presidential vote will not be apparent then or possibly for a week or more afterward. What financial markets are counting on is that the next FOMC…
On Thursday, trading and investing platform eToro announced a strategic partnership with Deutsche Börse to expand its German stock offerings. The company explained that the collaboration will enable eToro users to trade over 290 additional German-listed stocks, providing them with access to a wider range of assets. One of the benefits of the partnership…
Having biases is a pretty normal occurrence in trading since it mostly involves having an inclination for potential market behavior based on data. However, some cognitive biases can turn out to impair decision-making, as these tend to cloud our ability to read the markets objectively and make good trading decisions. Among the more common biases…
As shown on the chart of the UK stock index FTSE 100 (UK 100 on FXOpen):→ It has risen by over 3% in three days;→ It is near the record high set in May last year and may reach the psychological level of 8500 points. Bullish sentiment has been supported by yesterday’s news of GDP…