By Marc Jones and Alun John LONDON – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global… https://www.business-money.com/announcements/full-information-about-forex-broker-dotbig-ltd-review-and-reviews/ TOKYO – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency market.

By John McCrank NEW YORK – The euro dropped more than 1% on Thursday, falling back below parity with the dollar, after the European Central Bank raised interest… By Tetsushi Kajimoto TOKYO -Japan spent a record $42.8 billion on currency intervention in October to prop up the yen, the finance ministry said, with investors keen for… By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Tuesday as traders weighed the likelihood that the Federal Reserve dotbig investments signals a less aggressive… China’s manufacturing activity continued to shrink in October, albeit at a slower pace, as Covid-19 outbreaks and consequent tightening of prevention measures dampened production and demand. The Caixin manufacturing Purchasing Managers’ Index rose to 49.2 in October from 48.1 in the previous month, data from S&P Global showed on Tuesday. Volatility for gbpnzd has been contracting over the past two weeks relative to volatility over the past month.

Todays Main Forex Events

European stocks are likely to open higher on Tuesday as the focus shifts to a two-day policy meeting of the U.S. Stocks rallied on Tuesday, with miners leading the surge amid reports that China is looking at ways to exit its zero-COVID policy. The chart below summarizes the price news by currency, showing which currency Forex news strengthened vs which weakened when equally averaged against other currencies. Volatility should continue this week with the RBA, FOMC, and BOE all meeting to discuss interest rate policy. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average.

SHANGHAI/BEIJING -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, three sources… By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Monday at the start of a pivotal week which includes several central bank policy-setting… By Ambar Warrick Investing.com– https://www.business-money.com/announcements/full-information-about-forex-broker-dotbig-ltd-review-and-reviews/ Most Asian currencies moved little on Tuesday as markets hunkered down ahead of several major central bank meetings this week, while the… Over the past hour, NZDUSD has has made the biggest move in the forex asset class, decreasing -21 pips (-0.14%). Intraday trend traders may wish to note that EURGBP has the strongest trend on the hourly timeframe over the last 20 price bars.

Market News

For the latest stories on specific currency pairs, try the articles below. Higher US Treasury yields have coincided with declines by US stock markets.

• Final factory Purchasing Managers’ survey data from the UK is due on Tuesday, headlining a light day for the European economic news.
• Over the past hour, NZDUSD has has made the biggest move in the forex asset class, decreasing -21 pips (-0.14%).
• German stocks rallied on Tuesday, the U.S. dollar weakened, and Eurozone yields fell as focus shifted to a two-day policy meeting of the Federal Reserve that gets underway later today.
• A volatile session for the yen on Friday likely points to a currency intervention from the BOJ or MOF, in an attempt to stop or at least pause the currency’s fast depreciation.
• We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.

By John McCrank NEW YORK -The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among other major central banks and stuck with… Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information DotBig account contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. A Guide Retail sales is used to analyze economic strength and can be implemented into both fundamental and technical trading strategies.