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,...
AUDUSD trends down this week. What is needED to turn the technicals around for the pair?
After rebounding after the US election last week, and approaching the AUDUSDs 100 day MA, buyers turned to sellers and have pushed the price lower ever since. For this week, each of the days have been lower Will today make it 5 for 5? Technically, in order to turn the...
PBOC expected to set USD/CNY reference rate for today at 7.2482
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Japan’s Nikkei 225 opens up 0.55%
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,...
Japan preliminary Q3 GDP 0.2% versus 0.2% estimate
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Chinese Pres. Xi to push for open Asian-Pacific economy
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,...
ASX 200 higher by 0.1% in early trade
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,...
USDJPY runs higher yesterday and continues the bullish bias into the new trading day
The USDJPY moved above a swing area yesterday between 154.54 and 155.21 and also above a upside trendline. The break was more bullish. When the price modestly corrected into the first few hours of the Asian session yesterday, the price retested that break level, and...
The EURUSD starts the new day with the bears still in control
The EURUSD fell to new low in 2024 and low going back to October 2023 in trading yesterday. The low price reached to 1.0495. That low got within 12 pips of the low swing area target at 1.0483 (see red circles on the chart above). The price rebounded into the close...
Elon Musk met with Iran’s UN Ambassador in attempt to defuse US-Iran tension
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,...
Pres. Elect Trump picks Jay Clayton as SEC Chair…again (WHOOPS…CORRECTION)
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Forexlive Americas FX news wrap: Powell says no “need to be in a hurry to lower rates”
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,...
What is on the economic calendar in the Asian Pacific session for 15 November 2024
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,...
Trump picks Robert F. Kennedy Jr as Secretary of Health and Human Services
Pres. Elect Trump has picked Robert F. Kennedy Jr as Secretary of Health and Human Services. In his tweet:I wonder if McDonalds will get an exemption? ; )RFK Jr. is anti vaccine and does not support fluoride in water, but is adamant about the chronic risks to children...
Trade ideas thread – Friday, 15 November, insightful charts, technical analysis, ideas
Good morning, afternoon and evening all. TGIF to all as well.Eamonn is off today, but that does not mean traditions have to be abandoned. So if there are any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss...
US stocks struggle after Powell sees no hurry to cut rates
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,...
US Treasury:No manipulation of currency to gain trade advantage,but China needs monitoring
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,...
Powell Q&A: We’re not thinking about political parties when we make decisions
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,...
US dollar rallies after Powell says no “need to be in a hurry to lower rates”
The US dollar is higher across the board and risk assets are struggling after a hawkish turn from the Fed Chair.Speaking in Dallas, FOMC leader Jerome Powell hinted that rates might not be cut in December."The economy is not sending any signals that we need to be in a...