Blogs

EUR/USD Has Fallen Below $1.0800, Can It Go Lower?

Forex

<p>&nbsp;Although the United States (US) JOLTS data recorded less than satisfactory readings, the US dollar still managed to maintain its strength in the New York session yesterday.</p><p><br /></p><p>Seen as supporting the currency king was the US services sector ISM survey data published for November rose.&

Digital Ringgit – Is Malaysia Ready?

Forex

<p>&nbsp;Recently, Bank Negara's Financial Sector Action Plan 2022 to 2026 is about to revive discussions about the launch of the central bank's digital currency even though they previously stated that they still have no immediate plans.</p><p><br /></p><p>This move began to gain attention due to th

Traders Alert, GBP/USD Slips Slightly Below $1.2600

Forex

<p>&nbsp;Investors assessed the tendency of bearish movement for the price on the GBP/USD currency pair chart when the support level at 1.26000 was tested yesterday.</p><p><br /></p><p>The US dollar looked strong in the New York session even though the JOLTS jobs data came in at a slower pace than forecast.&l

US Oil Output Breaks Record, Big Blow For OPEC

Forex

<p>&nbsp;The latest record of crude oil production in the United States came as a shock to rising oil prices and OPEC. Producers are trying to raise the high benchmark by applying deeper reductions and production.</p><p><br /></p><p>Last week, the EIA reported that average daily production in September remain

US: This Week's NFP Expectations

Forex

<p>&nbsp;Today's Asian and European sessions have seen several currencies and commodity markets rise after the release of the latest "US JOLT'S" data.</p><p><br /></p><p>The JOLTS report for the production of October yesterday was interpreted to mean that the supply and demand ratio of the

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