Forex – Rayrice Forex News

With forex stocks hitting 2-year lows, India’s foreign exchange position has more momentum going forward

New Delhi and Mint Street have said India’s external environment remains healthy despite a decade-high inflation in recent months. But as the dollar strengthened and the trade deficit widened, the Reserve Bank of India moved quickly to defend the rupee. The dwindling foreign exchange reserves may leave India’s external situation in dire straits. India’s foreign … Read more

Forex signals brief August 22: production and services this week

Last week’s shopping package The main event for traders last week was the meeting minutes from the Fed. Expectations were some hawkish comments on the previous 75 bps rate, which is a slower rate, but there were no comments in favor of the US dollar. Vulnerability turned negative in financial markets, even as risk assets … Read more

Forex Signals Brief for August 10: Will We See a Slowdown in US Inflation?

Yesterday’s shopping package Yesterday was one of those summer days, liquidity is thin and volatility is very low. It was a quiet day overall, with the economic calendar fairly light, except for preliminary unit labor costs for Q2, which were very high. We’ve seen some bearish action on crude oil as uncertainty surrounding Iran’s exports … Read more

Forex Signals Briefing July 26: Everything is booked as the Fed meeting approaches.

Last week’s shopping package After the volatility we saw last week, with the ECB raising interest rates by 0.50% and the retreat of the US dollar eliminating the possibility of a 100 bps rate hike by the FED, markets turned their attention to the FOMC meeting this Wednesday. Everything was quiet yesterday with traders undecided … Read more

Asian forex bears are coming off multi-year highs as short bets on the Thai baht are rising sharply

BANGKOK, July 15 (Reuters) – Bets on all Asian currencies firmed at fresh multi-year highs, as sky-high inflation dampened sentiment on fears of a slowdown in sharply rising interest rates, a Reuters poll showed. Short positions in the Thai baht, Philippine peso and Singapore dollar were at their highest level since 2018, when the data … Read more

FOREX Safety: Bend raises yen After PM fired, euro falls to equities

Yen’s flight to safety The euro dropped to a 20-year low to $ 1.00720. Stable or strong U.S. jobs data could boost the dollar – analysts say LONDON, July 8, 2010 (FBC) – Former Japanese Prime Minister Shinzo Abe was shot dead as he campaigned for a parliamentary election last Friday, raising questions about Yen … Read more

A brief description of the Forex Signals for July 5 shows the RBA another 50 bps price increase

Yesterday’s Market Pack This was a bank holiday in the United States, which meant that the US markets were closed yesterday, so it was very quiet. Most major currency pairs end where they start after jumping up and down. Commodities such as gold, silver, and crude oil have made some good gains, although the main … Read more

BCC to offer discounts for forex payments

Bulawayo councilors have proposed a 50 percent discount for residents who are willing to settle their accounts in foreign currency. The incident comes two weeks after local authorities announced that they were issuing utility bills in foreign currency after residents paid the bid price on the day of payment. He said the council, which owes … Read more

The June 20 Forex Signals Brief: Positive risk pulls stocks and cryptocurrencies down.

Last week Market Pack Adverse events in the financial markets are more likely to accumulate last week, which has had a negative impact on risky assets such as stock markets and cryptocurrencies. The UK economy contracted for the second month in April, weighing heavily against the GBP. Retail sales and the Empire State Manufacturing Index … Read more

Focus on BOJ and FED Powell today for the June 17 Forex Signals brief

Yesterday’s Market Pack After the FED decided to raise interest rates by 75 bps on Wednesday evening, the USD was in a strong recession as the currency fluctuated. We saw that market sentiment continued yesterday, believing that there would be no such big walk in the near future. New Zealand’s Q1 GDP surprised the market … Read more