Why Forex Spreads Widen Around Major News (and What It Costs)
See why forex spreads widen around news, how much wider quotes can cost, why stops trigger, and how to check an unexpected fill.
Bitcoin: The risk asset
When the Omicron defat variant fears broke over the US Thanksgiving at the end of
Bitcoin hashrate at record highs as miners race for remaining 10% supply
90% of Bitcoin’s total supply has been mined based on Clark Moody Bitcoin dashboard data.
PBOC sets USD/CNY reference rate at 6.3669
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3669 on Monday
EUR/USD: A tad lower to 1.1300 as yields underpin USD rebound
EUR/USD sellers attack intraday low, stays mildly offered inside monthly triangle. Yields benefit from market
Gold Price Forecast: XAU/USD paints a bullish technical picture ahead of the Fed
Gold has struggled to make headway amid Omicron fears and higher US inflation. As FXStreet’s
EUR/GBP consolidates recent losses above 0.8500 amid Brexit, Omicron woes
EUR/GBP bounces off intraday low, challenges pullback from 10-week top. UK raises virus alert levels
USD/INR: Rupee to recover gradually amid improving balance of payments – HSBC
The December Reverse Bank of India (RBI) meeting proved to be a let-down for the
EUR/HUF to enjoy considerable gains towards 375.00 – SocGen
EUR/HUF rise faced an interim hurdle at 372.00 after breaking out from the year-long consolidation.
USD to strengthen against EUR and JPY next year, CAD and NOK to stand out – Morgan Stanley
Economists at Morgan Stanley still think US Treasury yields will rise and the US dollar
USD/CAD: Test of 1.2950/1.3020 is expected – SocGen
USD/CAD trades closer to mid-1.2700s. While above the 200-day moving average (DMA) at 1.25, a
