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.
MATIC price triggers 62% upswing as Dharma uses Polygon to eliminate gas fees
MATIC price breached the neckline of an inverse head-and-shoulders pattern, suggesting a 62% upswing. Dharma
South Korea: BoK could increase rates in November – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the prospects of another interest rate
US: August NFP fully closed the door on the chance of a September taper announcement – Wells Fargo
The US dollar extended losses after the US official employment report showed a net gain
Not looking for a change in policy at next week’s BoC meeting – TD Securities
Previewing next week's key macroeconomic events from Canada, TD Securities analysts noted that they do
Canada: It’s possible that hiring kept rolling in August – CIBC
Next Friday, the Canadian employment report will be released. Analyst at CIBC forecast a net
Turkey: Consumer inflation likely to stay close to 19% till November – BBVA
Recent data showed inflation in Turkey rose up to 19.25% in August. According to the
US: Markit Services PMI declines to 55.1 in August vs. 55.2 expected
Business activity in US private sector lost growth momentum in August. US Dollar Index stays
US: ISM Services PMI declines to 61.7 in August vs. 61.5 expected
US ISM Services PMI fell modestly in August. US Dollar Index consolidates daily losses above
USD/JPY refreshes daily lows below 109.70 on broad-based USD weakness
USD/JPY dives further down on the broader dollar weakness on the first trading day of
RBA: Australia faces renewed taper debate as sluggish recovery looms – Bloomberg
AUD/USD snaps a four-day uptrend while taking offers around 0.7450, down 0.0.23% intraday, as the
