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EUR/USD is trading above 1.0200, catching a bid amid the extended US dollar decline and mixed market mood. Investors eagerly await the US inflation data for a fresh direction, as they reassess recession risks. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We’re also a community of traders that support each other on our daily trading journey. By Ambar Warrick Investing.com– Most Asian currencies fell on Monday after mixed Chinese trade data raised concerns over demand in the country, while the dollar strengthened on… Stay up-to-date on breaking https://www.dukascopy.com/swiss/english/forex/trading/ as well as relevant financial developments. The China stock market has moved higher in three straight sessions, gathering almost 75 points or 2.3 percent along the way.

We conclude from previous crypto market cycles that even if the bottom is passed, there could be a prolonged lull. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Yasin Ebrahim Investing.com — The Bank of England is expected to lift interest rates later this week, but that is unlikely to provide the pound with the fire power it needs to… Build your confidence and knowledge with a wealth of educational tools and online resources.

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Week Ahead: Fallout From Boe And Nfp; Focus On Cpi

The incoming August consumer confidence data from Westpac presents a risk to AUD. Determine significant support and resistance levels with the help of pivot points.

• By Yasin Ebrahim Investing.com — The Bank of England is expected to lift interest rates later this week, but that is unlikely to provide the pound with the fire power it needs to…
• By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday, adopting something of a holding pattern ahead of the release of the key U.S. consumer…
• Gold edges lower on Tuesday and erodes a part of the previous day’s strong positive move back closer to a one-month high touched last week.
• It was FOMC monetary policy decision week & it looks like we got a slightly different tone from Powell that sparked a move away from the USD.
• We welcome global investors to Northern Cyprus in Turkish, English and Russian.
• By Kevin Buckland OTTAWA – The dollar extended it best rally against the yen since mid-June on Monday,…

Asian stock markets are trading mixed on Tuesday, following the mixed or mildly negative cues from global markets overnight, amid easing concerns about a potential recession following last week’s much stronger than expected US jobs data. Traders may also be reluctant to make significant bets ahead of the release of closely watched U.S. inflation data on Wednesday. Price Action Support and Resistance While price action presents a somewhat objective dotbig broker framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. The Australian dollar weakened against its major counterparts in the Asian session on Tuesday, as traders awaited U.S. inflation data for more clues on the pace of rate hikes by the Federal Reserve.