Dollar extends gains as traders position for new Trump administration By Investing.com

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Investing.com – The U.S. dollar rose Tuesday to a four-month high as traders continued to position for the new Trump administration and a more restrictive Federal Reserve. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% higher to 105.740, its highest level since […]

Berma Money EA Users Guide

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This is a semi-automatic expert advisor that trades the grid system. The idea is to gradually take different positions in the market, and then calculate the break-even level for them. When the prices pass this break-even by a predetermined distance all opened orders are closed. Berma Money EA Panel. When the “Berma Money EA” is […]

UK labour market data on the agenda today | Forexlive

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The dollar continues to dominate proceedings in the post-election period, holding slight gains again today. Fedspeak will be one to watch in the day ahead but I reckon US data will take on more importance in trading this week. We will be getting CPI, PPI, and retail sales data among other things over the next […]

Asia FX weakens, dollar near 4-mth high as Trump trade persists By Investing.com

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Investing.com– Most Asian currencies weakened on Tuesday, while the dollar traded near a four-month high as traders remained largely biased towards sectors expected to benefit from a second Donald Trump presidency.  The Chinese yuan and the Japanese yen were among the worst-hit by this trade, while risk-driven Asian units were also dented by anticipation of […]

Silver Price Forecast: XAG/USD depreciates toward $30.50 due to risk-on sentiment

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Silver prices face challenges due to a reduced demand for safe-haven assets following Trump’s election victory. The demand for riskier assets improves as markets assess the potential impacts of the proposed Trump policies. The dollar-denominated Silver struggles due to a stronger US Dollar and rising Treasury yields. Silver prices (XAG/USD) experiences a third consecutive day […]

Australian October business confidence 5 vs. prior -2 | Forexlive

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National Australia Bank monthly survey of business, for October 2024 Business Confidence +5, highest in nearly two years Business Conditions +7 more to come — A persistently high cash rate, in order to combat sticky inflation, is a headwind for many businesses. The Reserve Bank of Australia target band for inflation is 2 to 3% […]