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Asian Economic Calendar: A light one for 23 November 2023

Asian Economic Calendar: A light one for 23 November 2023

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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BOC Macklem: Canda interest rates may be high enough

BOC Macklem: Canda interest rates may be high enough

Bank of Canada's Macklem is speaking and says:Canada interest rates may now be restrictive enough.Excess demand that made it too easy to raise prices is now gone.Reiterates that if high inflation persists, the Bank of Canada is prepared to raise its policy rate...

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US treasury coupon auctions announced for next week

US treasury coupon auctions announced for next week

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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GBPUSD tests key 200-Day MA, signals a bearish bias

GBPUSD tests key 200-Day MA, signals a bearish bias

GBPUSD on the daily chart is testing the 200 day MAThe GBPUSD is extending to the downside and now tests its key 200-day moving average of 1.2449 (see green line on the daily chart above). The price is also below its broken 38.2% retracement of the move down from the...

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