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,...
UBS say the US election result may not be known for more than a month after November 5
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,...
New Zealand September exports higher than August, imports down a touch
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,...
Fed’s Schmid: Very strong commitment at the Fed for 2% inflation
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,...
Forexlive Americas FX news wrap 21 Oct; The 10 year yield moves above 200 day MA
Apart from the Leading indicators which have been forecasting a downturn for over 2 year now (there has only been one month that was positive since April 2022), the day was void of economic data. Yields were the focus today as they continued their move to the upside....
Fed’s Schmid calls for cautious, gradual, deliberate approach to rate cuts
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,...
Apollo’s Slok says increasing chance Fed rates hold in November – 10 tailwinds for economy
Torsten Slok is chief economist at Apollo Management.Voicing what many are seeing is super-obvious but nevertheless ignored in the thirst-trap of seeking lower rates:bottom line is that the expansion continuesAtlanta Fed currently estimates third-quarter (3Q) GDP...
US Social Security to run dry in 2031 under Trump and 2034 under Harris
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,...
Mixed bag for the major US indices. Nasdaq up, but S&P and Dow down
The major US stock indices are closing with mixed results. The Dow industrial average was the biggest loser with a decline of -0.80%. The NASDAQ index rose by 0.27% and the S&P was in between with a decline of -0.18%. Looking at the losers in the Dow, there were...
US 10-year yields rise above the 200-day moving average
US 10 year yield w 200dmaIt was a tough one for the bond bulls on Monday as the 10-year ratcheted above the 200-day moving average for the first time since July. I wrote about bonds earlier in the day and the idea that they were pricing out a recession but it's tough...
Economic calendar in Asia Tuesday, October 22, 2024 – Fed’s Schmidt and Daly both speaking
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,...
Trade ideas thread – Tuesday, 22 October, insightful charts, technical analysis, ideas
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,...
GBPUSD moves toward low from last week and 100 day MA/61.8% retracement
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,...
EURUSD tests recent low at 1.08103. Will it break and continue downtrend?
The EURUSD is testing the low price from last Thursday at 1.08103. The low price just reached 1.08104. A break below the level will have traders looking toward the low price going back to August 1. That level comes in at 1.0777.Earlier today, the price tested the...
Crude oil futures settle at $70.56
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,...
Even more from Kashkari: Excess savings have been spent down
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,...
Citi upgrades 0 to 3-month-old forecast for gold to $2800 versus $2700
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,...
More Kashkari: It wasn’t labor markets that caused inflation
More from Fed's Kashkari: It was not the labor market that caused inflationVery few transactions happened on crypto, unless it's drugs or illegal activityImmigration policy will affect our reading of the labor market Tariffs shouldn't be themselves leading to ongoing...
Fed’s Kashkari: A rising budget deficit would mean interest rate would be higher
As the election approaches, there is concerns about the deficit. Fed's Kashkari is saying that Rising budget deficit would on the margin mean interest rates would be higher.How all the dust settles is still up in the air as much may also depend on the split in the...
NZDUSD to lowest level since mid-August
The USD continues to move higher today, and the NZDUSD is not missing out on the run higher. A chief fundamental catalysts is the the 10-year note yield which is up 10.5 basis points on the day and now up around 55 basis points since the Fed cut. The 2-year yield is...