Category: Choppy
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Forexlive European FX news wrap: Choppy price action persists
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Mixed U.S. Jobs Data Triggers Choppy U.S. Dollar Moves
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As markets hotly debate the Fed’s next policy moves, US labor market updates – which Fed members said they are closely following – are likely to increase volatility between major US dollar pairs. Thursday report from Challenger, Gray and Christmas reversed 72,821 planned job cuts in SeptemberThis is slightly lower…
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Dollar down in choppy trading after data; Swiss franc gains following rate cut By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell in volatile trading on Thursday after a slew of U.S. data pointed to a relatively strong economy, while the Swiss franc rose after the country’s central bank cut interest rates by 25 basis points. The US dollar began to pare…
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Choppy trading in the countdown to month end
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We have seen demand for the US dollar in the London fixed session all week, and that was a preview of today’s flows, as the dollar accelerated in the final fixed session of the month. The USD/JPY pair hit a session high of 76 pips to 145.74, while the Australian…
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Yen choppy after BOJ hikes, Aussie struggles as RBA cuts eyed By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The yen swung between gains and losses on Wednesday after the Bank of Japan raised interest rates at the end of its two-day policy meeting and unveiled a detailed plan to scale back its massive bond-buying programme. The yen rose about 0.8% to…
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Crypto markets likely to remain choppy in Q3, Coinbase analysts say
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Analysts at cryptocurrency exchange Coinbase say cryptocurrency price action is likely to continue on a volatile path for the rest of Q3 2024. Coinbase’s head of institutional research David Duong and David Han, an analyst at the U.S.-based cryptocurrency exchange, Share your predictions In the company’s weekly market report, they…
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Crypto markets likely to remain choppy in Q3, Coinbase analysts say
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Analysts at cryptocurrency exchange Coinbase say cryptocurrency price action is likely to continue on a volatile path for the rest of Q3 2024. Coinbase’s head of institutional research David Duong and David Han, an analyst at the U.S.-based cryptocurrency exchange, Share your predictions In the company’s weekly market report, they…