China's silence on yuan's swift gains keeps markets buzzing
SHANGHAI: As China's yuan climbs rapidly to its strongest levels in six years against the currencies of the country's trading partners, a notable absence of concern and intervention by the authorities is unnerving investors.
Forex Today: Dollar selling takes a pause, eyes on inflation data, Fed's Beige Book
The greenback managed to erase a large portion of its losses on the back of recovering US Treasury bond yields on Tuesday but struggled to find demand against its risk-sensitive rivals with risk flows influencing the financial markets. The market mood seems to have turned cautious early Wednesday as investors await inflation data from the euro area and Canada. Later in the day, the Federal Reserve will release its Beige Book.
Gold Prices May Swing Lower on Fed Beige Book, CSX Earnings Report
GOLD PRICE OUTLOOK: Gold prices struggle for near-term direction, echoing real yields Fed Beige Book survey, CSX Corp earnings report now in focus Overall gold price trend points lower amid consolidative pause
Central Bank to place ceiling on rates of dollar deposits held by exporters
Central Bank to place ceiling on rates of dollar deposits held by exporters
Australian Dollar Outlook: AUD/USD Downside Risks as the US Dollar Soars
AUSTRALIAN DOLLAR FUNDAMENTAL FORECAST: BEARISH AUD/USD undermined by US Dollar strength and commodity price declines Fed speakers around Jackson Hole to be closely watched for AUD direction Risk assets to continue to be subject to Delta variant concerns
India Police Bust $1.7M Forex Scam, Arrests Two Suspects
The FX scam came under the police’s lens following a tip from a victim who lost about $15,000.
Keep your finances safe: new scamming schemes in trading
KUALA LUMPUR, MALAYSIA - Media OutReach - 17 August 2021 - OctaFX international broker has recently discovered an advanced strategy of traders' deception. New fraudulent schemes have turned up in the Malaysian Forex community.
10 suspects in RM21m forex scam arrested
10 suspects in RM21m forex scam arrested
Less shiny gold market
Gold is no exception. It has been on a pandemic-driven roller-coaster ride since 2020
Super high returns investment fraud, defrauding 500 million in 2 and a half year
Super high returns investment fraud, defrauding 500 million in 2 and a half year
Will central bank digital currencies doom dollar dominance?
Will central bank digital currencies doom dollar dominance?
Dollar buoyed as healthy U.S. jobs fuel Fed taper talk
Dollar buoyed as healthy U.S. jobs fuel Fed taper talk
Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid
Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid
All eyes on NFPs, and on EV supply-chain
All eyes on NFPs, and on EV supply-chain
Central banks: GBP/USD, GBP/JPY, GBP/CAD, GBP/NZD, GBP/AUD
Central banks: GBP/USD, GBP/JPY, GBP/CAD, GBP/NZD, GBP/AUD
Can the Digital Dollar Boost the US Economy?
Economies around the world are struggling with rising national debts and the threat of inflation. However, the digital dollar could be a lifesaver for the United States economy.
Gold Price Forecast: XAU/USD lacks a directional bias as simmers a range breakout
Heading into a busy docket this Wednesday, gold is attempting a comeback. As FXStreet’s Dhwani Mehta notes, XAU/USD awaits a range breakout but not so soon while US NFP is in focus.
Australian Dollar Pops as the RBA Leaves Taper Plan in Place. Now What?
AUSTRALIAN DOLLAR, AUD/USD, RBA, NFPS, TECHNICAL ANALYSIS – MARKET ALERT Australian Dollar gains on RBA as central bank leaves taper plan alone Fairly confident outlook in the medium-term overshadows near-term risks AUD/USD testing 20-day Simple Moving Average, watch for a breakout
Risk appetite rebounds
Risk appetite rebounds
Gold loses ground in face of firm dollar as investors eye US non-farm payrolls
Spot bullion inches down 0.2% to $1,810.71 per ounce after prices retreated from a two-week peak