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.
US: Housing market appears to be moving back toward some semblance of balance – Wells Fargo
Housing data released on Monday in the United States came in above expectations with Existing
We continue to see AUD/NZD upside targeting 1.08 – Morgan Stanley
Early Tuesday morning in Asia, Morgan Stanley came out with their research conveying bullish bias
RBA to delay any (even if modest) withdrawal of policy support – Goldman Sachs
In its latest economic analysis of Australia and the RBA monetary policy outlook, Goldman Sachs
Gold Price Forecast: XAU/USD could rise to $2000 by end-2022 – Goldman Sachs
Analysts at Goldman Sachs said that gold price still has room left to rise to
US: Chicago Fed National Activity Index improves to 0.53 in July from -0.01
Chicago Fed's National Activity Index improved in July. US Dollar Index remains in the negative
US: Markit Manufacturing PMI retreats to 61.2 in August vs. 62.8 expected
US Markit Manufacturing PMI edged lower in August. US Dollar Index continues to push lower
US: Markit Services PMI declines to 55.2 in August vs. 59.4 expected
US Markit Services PMI edged lower in August. US Dollar Index stays deep in the
US: Existing Home Sales increase by 2% in July vs. 1.3% expected
Existing Home Sales in US rose more than expected in July. US Dollar Index remains
USD/CNY fix: 6.4805 vs prior 6.4969
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.4805 vs the prior 6.4969.
EUR/GBP Price Analysis: Sellers lookout for more downside below 0.8550
EUR/GBP prints minute gains on Tuesday in the Asian trading session. Probable downside if price
