Forex

BCA Research provided insights into the anticipated monetary policy actions by central banks in China and the United States. The research firm expects Chinese authorities to lower interest rates on existing mortgage loans, while the Federal Reserve is predicted to begin its monetary easing cycle. According to BCA Research, a potential 100-basis-point cut in Chinese…

The Australian Securities Exchange (ASX) announced Wednesday that Damian Roche, its current Chair, will retire from the Board at the conclusion of the company’s Annual General Meeting (AGM) on October 28, 2024.   Roche, who has been serving as Chair for several years, has been guiding the ASX through a period of significant transformation. However,…

2024.09.11 2024.09.11 Short-term Analysis for Oil, Gold, and EURUSD for 11.09.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continued its…

The ECB may cut its interest rates again in September! What exactly are the markets expecting from President Lagarde and her team and how might EUR react to the event? We’re discussing the points you need to know if you’re trading the central bank decision: This Article Is For Premium Members Only Become…

Event to pay attention to today: 15:30 GMT+3. USD – Consumer Price Index EURUSD: The EUR/USD exchange rate ended a three-day losing streak on Wednesday, trading near 1.1050 during the Asian session. The increase in EUR/USD can be attributed to a decline in the value of the US dollar in anticipation of the release of…

Events to pay attention to today: 09:00 GMT+3. GBP – Gross Domestic Product 15:30 GMT+3. USD – Consumer Price Index GBPUSD: The GBP/USD pair is demonstrating a resurgence in positive momentum during the Asian session on Wednesday, with a notable ascent towards a new daily peak over the past hour, approaching the 1.3100 mark. It…

Kamala Harris and Donald Trump sparred on Tuesday in a contentious presidential debate that repeatedly went off the rails, as Trump pursued bizarre and often falsehood-ridden tangents about crowd sizes, immigration policy and abortion access. The Philadelphia debate marked arguably the most significant opportunity for both Harris and Trump since Joe Biden withdrew from the…

Investing.com– Most Asian currencies gained ground on Wednesday as the dollar retreated in the wake of a fiery U.S. presidential debate, with focus turning to key upcoming inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of this trade, with increased safe haven demand after the debate putting the…

TOKYO (Reuters) – Japan’s Seven & i responded fairly by saying a takeover offer from Canada’s Couche-Tard was too low, Suntory Holdings chief executive Takeshi Niinami said on Wednesday. The offer for the operator of 7-Eleven convenience stores has made Japanese chief executives nervous about potential overseas takeovers, said Niinami in a Reuters NEXT Newsmaker…