ForexLive Asia-Pacific FX news wrap: Chinese stock markets leap higher | Forexlive

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

USD/INR gathers strength as US Dollar demand weighs on Indian Rupee

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Indian Rupee trades in negative territory in Monday’s Asian session. The USD month-end flows and potential RBI intervention underpin the pair.  Investors will monitor the Fed’s Bowman speech on Monday. The Indian Rupee (INR) weakens on Monday, pressured by month-end US Dollar (USD) demand from importers and likely interventions by the Reserve Bank of India […]

3MA Cross Over Scanner Explained

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This dashboard shows you the 3MA Cross Overs current status for Multi-currency multi-timeframes. Works for Metatrader 4 (MT4) platform. https://www.mql5.com/en/market/product/124099/ With Trend Power Check: Extra Download:   How it Works: MA Cross Signals It will show “S” Green/Red Strong Signals and “M” or “W” Green/Red Medium or Weak signals. We have 3 types of MA: […]

Abiroid Customizer Explained

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This is a Custom Indicator Signal Generator tool for Metatrader 4 (MT4) Arrows (paid): https://www.mql5.com/en/market/product/69237 Scanner (Free): https://abiroid.com/download/abiroid-customizer-scanner_v1-6-zip/ Note that the scanner needs Arrows ex4 to work. So make sure both Scanner and Arrows are in same directory.Scanner is Abiroid Customizer Scanner.ex4 And it will look for Abiroid Customizer Arrow.ex4 in same folder. The properties .set files […]

Rabobank look for GBP to outperform EUR in the months ahead | Forexlive

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A note from Rabobank argues that Sterling might continue to outperform the euro in coming months Cites due to the Bank of England’s cautious approach to cutting interest rates. Rabo adds that October could prove a rocky month for both currencies U.K. budget on October 30 could present a hurdle for sterling as the prospect […]

Weaker Data Do This

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S&P 500 didn‘t quite reach Thursday‘s highs, and the 0.1% undershoot in core PCE aftermath was to blame. We caught it in Russell 2000 in the intraday channel as smallcaps benefited from bonds finally turning up. Communications had a good day too – Friday was simply about yields and continued piling into China names – […]

Austria’s far-right partly likely won general election | Forexlive

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Herbert Kickl, head of the Freedom Party An exit poll following Sunday’s vote by broadcaster ORF showed Austria’s Freedom Party leading with 29.1% compared to 26.2% for Chancellor Karl Nehammer’s Austrian People’s Party and 20.4% for the centre-left Social Democrats. Herbert Kickl, head of the Freedom Party may struggle to put together a governing coalition. […]

Newsquawk Week Ahead: US NFP, ISMs, EZ CPI, Japan Tankan & OPEC+ JMMC | Forexlive

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Mon: Chinese NBS & Composite PMIs (Sep), Caixin PMIs (Sep), Japanese Retail Sales (Aug), German Retail Sales (Jun), UK GDP (Q2), Swiss KOF (Sep), German Flash CPI (Sep), UK Mortgage Approvals/Lending (Aug), US Dallas Fed Index (Sep), New Zealand NZIER (Q3) ; Canada Holiday. Tue: Riksbank Minutes, EZ/UK/US Final Manufacturing PMI (Sep), EZ Flash CPI […]

Two to watch – Fed Chair Powell speech and NFP are bookend focal points this coming week | Forexlive

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There will be previews of the week ahead soon to come but the big two events next week are: Federal Reserve Chair Powell discussing the US economic outlook at a National Association for Business Economics conference on Monday. This is at 1300 US Eastern time on Monday, September 30 (1700 GMT). On Friday, October 4, […]

Forex and Cryptocurrency Forecast for September 30 – October 04, 2024

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EUR/USD: Midpoint of the ‘Dull Period’ ● n the next part of the review, we will discuss how one crypto analyst used the term “dull period” in relation to the BTC/USD chart. The EUR/USD chart looks even more uneventful. While from 20 August until today, the pair fluctuated within the 1.1000-1.1200 range, last week it […]