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,...
USDCAD Technical Analysis – The bias remains bearish in the short term
USThe Fed left interest rates unchanged as expected with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US Core PCE came in line with...
Toyota extends output cut at Chinese JV to ease dealer pressure
Toyota extends output cut at Chinese JV to ease dealer pressureFULL STORYJapan's Toyota Motor has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition. The cut, which was initially for...
Meme Coins: A Comprehensive Guide and Tips
Meme coins are a type of cryptocurrency that have gained popularity due to their humorous or meme-based nature. These digital currencies often start as a joke or for fun, but some have turned into serious investments with substantial market capitalization. Examples...
Risk of Position Trading
Position trading is a common strategy used by traders in the financial markets. It involves holding onto positions for an extended period, which can range from several weeks to months or even years. The aim is to profit from the overall direction of the market trend...
ECB’s de Guindos expects low growth or economic standstill in Q4 in eurozone
ECB's de Guindos expects low growth or economic standstill in Q4 in eurozoneEuropean Central Bank vice-president Luis de Guindos said on Tuesday the ECB expects an economic contraction or a standstill in the fourth quarter in eurozone."We have seen stagnation or...
German companies prefer foreign investment to domestic – DIHK
German companies prefer foreign investment to domestic - DIHKFULL STORYGerman companies are more likely to invest in international locations than in Germany, a survey of the German Chamber of Industry and Commerce (DIHK) and the German Chambers of Commerce Abroad...
Eurozone Construction PMI Soften further
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,...
UK grocery inflation in single digits for first time this year -Kantar
British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed on Tuesday, providing some relief for consumers as they enter the key Christmas shopping period.FULL STORYMarket researcher Kantar said annual grocery inflation was...
Swiss forex reserves down in October
(Reuters) - The Swiss National Bank's foreign exchange reserves fell in October, data showed on Tuesday.SWISS NATIONAL BANK FOREX RESERVES AT CHF 657,756 MLN AT END OF OCTOBERSWISS NATIONAL BANK FOREX RESERVES REVISED TO CHF 678,287 MLN AT END OF SEPTEMBERMoneyMaker...
Spanish Industrial Production (YoY) $EUR Actual: -1.4% Expected: -2.9% Previous: -3.3%
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,...
IMF upgrades China’s 2023, 2024 GDP growth forecasts
The International Monetary Fund on Tuesday upgraded its 2023 gross domestic product growth forecast for China to 5.4% from 5%, citing a "strong" post-COVID-19 recovery, but said the fund still expected the Chinese economy to slow next year.FULL STORYThe upward...
German Industrial Production (MoM) (Sep) Actual: -1.4% Expected: -0.1% Previous: -0.2%
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,...
United Kingdom Halifax House Price Index (YoY) (Oct) $GBP Actual: -3.2% Previous: -4.5%
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,...
GBPUSD Technical Analysis – The bias has turned more bullish
USThe Fed left interest rates unchanged as expected with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US Core PCE came in line with...
The @Newsquawk Europe Market Open: RBA hike 25bp. Israel is open to “short pauses” in Gaza
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,...
FX option expiries for Tuesday, 7 November 2023 at the 10 am New York cut
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,...
HSBC CEO says wealth flow from mainland China to Hong Kong up 3 to 4 times this year
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 Asia-Pacific FX news wrap: RBA raises its cash rate to the highest in 12 years
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,...
Federal Reserve speakers Tuesday include Waller, Williams, Barr, Logan and Schmid
The times below re in the format GMT / US Eastern time:1415 / 0915 Federal Reserve Vice Chair for Supervision Michael Barr participates in "Financial Technology" discussion before a 7th Annual D.C. Fintech Week event1450 / 0950 Federal Reserve Bank of Kansas City...