FX Watch: GBP/JPY’s Retracement Zone Ahead Of U.K.’s Jobs Report
GBP/JPY bounced from its August lows and is approaching potential resistance areas. How can the U.K.’s upcoming jobs data affect GBP/JPY’s trend?
GBP/JPY bounced from its August lows and is approaching potential resistance areas. How can the U.K.’s upcoming jobs data affect GBP/JPY’s trend?
South Africa’s financial regulator withdrew the license for the online trading platform Banxso. Financial Sector Conduct Authority (FSCA) cited concerns regarding the firm’s operational practices and potential risks posed to clients. The FSCA mentioned today (Wednesday) that Banxso’s license was withdrawn due to findings suggesting that the company could be engaging in practices posing risks…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
Press conference following the Bank of Canada rate decision has started. BOC Gov. TIff Macklem and Senior Deputy Gov. are answering the questions from the press: Markets can count on us taking decisions one at a time. We will be assessing data relative to our outlook. Asked about statistics, Canada revisions to GDP says that…
The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points from 4.75% to 4.25% in November, marking its second consecutive 50bps rate cut after October’s surprise move. In its statement, RBNZ noted that inflation has returned within its target band, with annual consumer price inflation falling to 2.2%…
Japan’s trade deficit narrowed in August to JPY -242.5B, smaller than expectations for JPY -513.6B, as exports outperformed forecasts. Overall exports dipped just 0.1% yoy to JPY 8425B, beating projections for a 1.9% yoy decline. Imports, however, fell -5.2% yoy to JPY 8668B, a steeper drop than the -4.2% yoy contraction expected. The details highlighted…
The Elite Gold Trader Pro EA MT4 represents the pinnacle of automated gold trading technology, specifically engineered to capitalize on the high-volatility sessions of the London and New York markets. This sophisticated expert advisor combines advanced algorithmic strategies with intelligent risk management to deliver consistent performance in gold (XAUUSD) and major currency pair trading. Overview…