News

Considering the economic news regularly would help investors to catch opportunities on time. Before proceeding, make sure to check for any news that may affect the value of the positions you are interested in by following this page.

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16.08.2022
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China’s NDRC: We pledge to keep the economy within reasonable bounds

The National Development and Reform Commission, the country’s state planner, reiterated on Tuesday, “we pledge to keep the economy within reasonable b

16.08.2022
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USD/CNH pares the biggest daily gains in 2.5 years near 6.8000 amid recession, Taiwan concerns

USD/CNH extends pullback from a three-month high to 6.8020 while consolidating the biggest daily jump since March 2020 during Tuesday’s Asian session.

16.08.2022
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AUD/JPY Price Analysis: Corrective pullback approaches 200-HMA after RBA Minutes

AUD/JPY picks up bids to consolidate intraday losses around 93.60 during Tuesday’s Asian session. In doing so, the cross-currency pair tries to cheer

16.08.2022
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Gold Price Forecast: XAU/USD downside opens up towards $1,764 ahead of Fed minutes – Confluence Detector

Gold price remains vulnerable ahead of the Fed minutes, having failed to find acceptance above the $1,800 mark on several occasions. Risk-off flows do

16.08.2022
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AUD/USD consolidates daily losses above 0.7000 on RBA Minutes

AUD/USD pares intraday losses around 0.7020 after the Reserve Bank of Australia’s (RBA) Minutes of the latest monetary policy meeting. In doing so, th

16.08.2022
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RBA Minutes: Ready to take further tightening steps but not on a pre-set path

Reserve Bank of Australia’s (RBA) August monetary policy meeting’s minutes showed that the “board expects to take further steps in the process of norm

16.08.2022
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USD/CHF Price Analysis: Pierces previous support line below 0.9500

USD/CHF grinds higher around 0.9460 as buyers attack a seven-week-old previous support line during Tuesday’s Asian session. In doing so, the Swiss cur

16.08.2022
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PBOC sets USD/CNY reference rate at 6.7730 on Tuesday

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7730 on Tuesday when compared to the previous fix and the previous close at 6.74

16.08.2022
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US Dollar Index grinds higher towards 107.00 on recession fears, focus on Fed Minutes

US Dollar Index (DXY) rises for the third consecutive day while picking bids to 106.58 during Tuesday’s Asian session. In doing so, the greenback’s ga

16.08.2022
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EUR/USD looks south towards 1.0100 ahead of German ZEW

EUR/USD is looking to extend the two-day bearish momentum this Tuesday, as bears aim for the 1.0100 demand area amid a risk-averse market condition. D

16.08.2022
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NZD/USD Price Analysis: Drops back towards 100-DMA support near 0.6320

NZD/USD takes offers to refresh intraday low around 0.6350 as it extends the previous day’s pullback towards the 100-DMA during Tuesday’s Asian sessio

16.08.2022
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USD/JPY slides to 133.00 amid growth concerns, sluggish yields

USD/JPY refreshes intraday low near 133.00 during Tuesday’s initial Tokyo session. In doing so, the yen pair tracks downbeat US Treasury yields, as we

15.08.2022
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When are the RBA minutes and how might they affect AUD/USD?

Early Tuesday morning in Asia, at 01:30 GMT, the Reserve Bank of Australia (RBA) will release the minutes of the latest monetary policy meeting held i

15.08.2022
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US 10-year inflation expectations retreat towards monthly low

US inflation expectations, as per the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, begin the week on a negative not

15.08.2022
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Silver Price Analysis: XAG/USD justifies rising wedge break as bears approach $20.00

Silver price (XAG/USD) holds lower ground near $20.20 after confirming a bearish formation, namely a rising wedge, the previous day. That said, the br

15.08.2022
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WTI tumbles below the 200-DMA on recession worries, Iran’s nuclear deal progress

US crude oil benchmark, also known as WTI (West Texas Intermediate) drops for the second consecutive day on disappointing US and China data, reignitin

15.08.2022
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USD/CAD bulls flirt with 1.2900 amid firmer DXY, softer oil prices, focus on Canada inflation

USD/CAD bulls take a breather around 1.2900, following the longest daily jump in a month, as traders await the key inflation data from Canada. In addi

15.08.2022
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GBP/USD Price Analysis: Bears take a breather on the way to 1.1930

GBP/USD dribbles around mid-1.2000s as the Cable traders lick their wounds during Tuesday’s Asian session, after the biggest daily fall in a week. Eve

15.08.2022
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USD/JPY leans bullish over medium term – BofA

Analysts at Bank of America (BofA) offer their outlook on the USD/JPY pair, maintaining a bullish outlook over the medium term. Key quotes "With lower

15.08.2022
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RBNZ set to hike OCR by 50 bps this week, economists eye lower peak – Reuters poll

According to the latest Reuters poll of economists, the Reserve Bank of New Zealand (RBNZ) is widely expected to hike the Official Cash Rate (OCR) by

15.08.2022
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AUD/USD stays pressured towards 0.7000 ahead of RBA Minutes

AUD/USD holds lower ground near 0.7120 as bears take a breather after the biggest daily fall in a fortnight. That said, the Aussie pair’s inaction dur

15.08.2022
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China pares back holdings of US Treasuries for 7th month – Reuters

Citing the latest US Treasury Department data released on Monday, Reuters reported that China’s holdings of American government bonds were reduced for

15.08.2022
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AUD/JPY Price Analysis: Erases last week’s gains, refreshes two-week lows around 92.99

After a risk-off impulse in the FX space, the AUD/JPY plunges from around three-week highs around 95.05 and dives towards the 100-day EMA to record it

15.08.2022
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S&P 500 could drop 7.0% on Fed’s QT through 2023 – BofA

The winding down of the central bank’s balance sheet poses a risk to equity prices, according to Bank of America (BofA), reported Bloomberg late Monda

15.08.2022
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EUR/USD Price Analysis: Sellers keep control below 1.0200 support-turned-resistance

EUR/USD remains pressured around 1.0160 during the initial Asian session on Tuesday, after breaking the 1.0200 key support the previous day. In additi

15.08.2022
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Gold Price Forecast: XAU/USD bears eye $1,750 on rising wedge confirmation, firmer USD

Gold price (XAU/USD) keeps the previous day’s downside break of the fortnight-old rising wedge while flashing $1,780 as a quote during the early Asian

15.08.2022
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Iran responds to EU nuclear text, seeks US flexibility

Iran responded to the European Union's "final" draft text to save a 2015 nuclear deal on Monday, an EU official said, as the Iranian foreign minister

15.08.2022
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GBP/JPY Price Analysis: Drops on safe-haven flows, back below 161.00

The GBP/JPY stumbles and refreshes two-week lows, eyeing a break below the July 6 low at 160.38, which could exacerbate a move towards the August 2 lo

15.08.2022
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Forex Today: Growth-related concerns underpin the greenback

What you need to take care of on Tuesday, August 16: Recession-related concerns took over financial markets at the beginning of the week, pushing the

15.08.2022
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United States Total Net TIC Flows fell from previous $182.5B to $22.1B in June

United States Total Net TIC Flows fell from previous $182.5B to $22.1B in June