There aren't any significant expiries to take note of for the day. As such, trading sentiment will continue to revolve around the risk mood and the technicals for the most part. Keep in mind that we also do have headline risks to consider in the day ahead with the US...
US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?
US Dollar, USD/JPY, Japanese Yen, NZD/USD, RBNZ, AUD/USD - Talking PointsThe US Dollar wilted across the board today as markets contemplate US CPI aheadThe Japanese Yen strengthened more than most as the BoJ moves into viewThe RBNZ pause its hiking cycle today. If CPI...
RBA’s Lowe says “deadly serious” about getting inflation back to target
Confident that higher interest rates are workingHave an open mind on whether have to tighten policy furtherThis builds on his earlier remarks here. When asked about continuing as RBA governor, he said he would be honoured to keep with the role if asked. For some...
Fed speakers due today include Barkin, Kashkari, Bostic, Mester. Fed Beige book also.
It's a huge day coming up from the Americas.Fed speakers and the Beige Book:1230 GMT/0GMT US Eastern time - Federal Reserve Bank of Richmond President Thomas Barkin speaks on inflation before the Anne Arundel County Chamber of Commerce1345 GMT/0945 US Eastern time -...
RBA’s Lowe – its possible there will be more rate hikes still to come
Reserve Bank of Australia Governor Lowe on the economy and policy: Possible some further tightening will be required to return inflation to targetRemains to be determined whether monetary policy has more work to doComplex picture on inflation, significant...
ForexLive Asia-Pacific FX news wrap: USD/JPY dropped under 140.00
European Central Bank's Lane is speaking Wednesday, 12 July 2023Reserve Bank of New Zealand July meeting minutes - Inflation remains too highReserve Bank of New Zealand leave cash rate unchanged at 5.5%, as widely expectedUS inflation data due, Wednesday, 12 July 2023...
European Central Bank’s Lane is speaking Wednesday, 12 July 2023
Philip Lane, member of the Executive Board of the European Central Bank participates in a panel at the NBER conference "Summer Institute 2023 - Macro, Money and Financial Frictions" in Cambridge Massachusetts, USAcoming up at 1345 GMT, which is 0945 US Eastern...
Reserve Bank of New Zealand July meeting minutes – Inflation remains too high
Announcement and summary of statement is here:From the minutes to the meeting, Headlines via Reuters: Committee agreed that monetary conditions are restricting spending and reducing inflationary pressure as anticipatedCommittee agreed that interest rates will need to...
Reserve Bank of New Zealand leave cash rate unchanged at 5.5%, as widely expected
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,...
Reserve Bank of New Zealand monetary policy decision due top of hour – on hold expected
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,...
한국인들이 원하는대로 7월부터 바뀌는 4가지! 도로교통법!
https://www.youtube.com/watch?v=sCf13xIPq40 오늘은 7월 4일부터 변경된 도로교통법 4가지를 소개해 드리고, TMAP(티맵)이나 카카오내비 이용하시는 분들이 알아두시면 굉장히 편리한 기능을 알려립니다. #바뀌는 #도로교통법 #티맵 #카카오내비 MoneyMaker FX EA Trading...
US inflation data due, Wednesday, 12 July 2023 – preview – headline “sharp drop” expected
The data, CPI for June 2023:due at 1230 GMT, which is 8.30 am US Eastern time:A brief what to expect comment via CIBC:Base effects will be behind a sharp drop in the pace of annual headline inflation to 3.1% in the US in June, as surging gasoline prices from a year...
PBOC sets USD/ CNY mid-point today at 7.1765 (vs. estimate was 7.1788 – 7.1954)
The reference rate for the USD/CNY today was estimated at 7.1788 with the People's Bank of China's counter-cyclical factor" (CCF) included and 7.1954 without.People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the...
North Korea appears to have launched another ballistic missile
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,...
Australian Treasurer Chalmers says no decision yet made on next RBA Governor
Australian Treasurer Chalmers says yet to finalise who the next Reserve Bank of Australia Governor will be. Cabinet is yet to vote on it. The current Governor Lowe's term expires in September. More from Chalmers:says the global economy in a dangerous roadexpects a...
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USD/JPY under 140, and the US dollar is losing ground more widely also
Earlier:USD/JPY drops under 140.00, lowest since the middle of JuneAnd its not just yen stacking on gains. EUR, AUD, NZD, GBP, CHF, CAD ... all are higher during Asia morning trade against the US dollar. Apart from what has already been posted there is no fresh news....
PBOC is expected to set the USD/CNY reference rate at circa 7.1935* – Reuters estimate
The reference rate for the USD/CNY today is estimated at 7.1788 with the People's Bank of China's counter-cyclical factor" (CCF) included and 7.1954 without.Given the trend in the past week and more from the PBOC for a lower setting the lower fix seems more likely....
USD/JPY drops under 140.00, lowest since the middle of June
USD/JPY is continuing its fall, extedning under 140.00 in Asia morning trade. Apart from what has already been posted, the most notable news being Japanese wholesale inflation has slowed for the six month in a row:And this also:Note, the Nikkei may be gated.There is...
Australia is expected to announce the next RBA Governor today
Australian Treasurer Chalmers will be speaking at 10.45am Sydney time:0045 GMT8.45 pm US Eastern timeAn announcement on the next Reserve Bank of Australia Governor is expected. An announcement is not guaranteed, the Treasurer may be addressing other matters. We'll...