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China's silence on yuan's swift gains keeps markets buzzing

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.

2021-10-21
Forex Today: Dollar selling takes a pause, eyes on inflation data, Fed's Beige Book

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.

2021-10-20
Gold Prices May Swing Lower on Fed Beige Book, CSX Earnings Report

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

2021-10-20
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

Central Bank to place ceiling on rates of dollar deposits held by exporters

2021-08-23
Australian Dollar Outlook: AUD/USD Downside Risks as the US Dollar Soars

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

2021-08-21
India Police Bust $1.7M Forex Scam, Arrests Two Suspects

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.

2021-08-19
 Keep your finances safe: new scamming schemes in trading

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.

2021-08-17
10 suspects in RM21m forex scam arrested

10 suspects in RM21m forex scam arrested

10 suspects in RM21m forex scam arrested

2021-08-16
Less shiny gold market

Less shiny gold market

Gold is no exception. It has been on a pandemic-driven roller-coaster ride since 2020

2021-08-15
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

Super high returns investment fraud, defrauding 500 million in 2 and a half year

2021-08-12
Will central bank digital currencies doom dollar dominance?

Will central bank digital currencies doom dollar dominance?

Will central bank digital currencies doom dollar dominance?

2021-08-12
Dollar buoyed as healthy U.S. jobs fuel Fed taper talk

Dollar buoyed as healthy U.S. jobs fuel Fed taper talk

Dollar buoyed as healthy U.S. jobs fuel Fed taper talk

2021-08-10
Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid

Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid

Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid

2021-08-09
All eyes on NFPs, and on EV supply-chain

All eyes on NFPs, and on EV supply-chain

All eyes on NFPs, and on EV supply-chain

2021-08-06
Central banks: GBP/USD, GBP/JPY, GBP/CAD, GBP/NZD, GBP/AUD

Central banks: GBP/USD, GBP/JPY, GBP/CAD, GBP/NZD, GBP/AUD

Central banks: GBP/USD, GBP/JPY, GBP/CAD, GBP/NZD, GBP/AUD

2021-08-05
Can the Digital Dollar Boost the US Economy?

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.

2021-08-05
Gold Price Forecast: XAU/USD lacks a directional bias as simmers a range breakout

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.

2021-08-04
Australian Dollar Pops as the RBA Leaves Taper Plan in Place. Now What?

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

2021-08-03
Risk appetite rebounds

Risk appetite rebounds

Risk appetite rebounds

2021-08-02
Gold loses ground in face of firm dollar as investors eye US non-farm payrolls

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

2021-08-02
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