Reserve Bank of Australia Governor Bullock will be speaking as part of a panel on "Inflation, Financial Stability and Employment". Also on the panel are Bank of England Deputy Governor Ramsden and Bank of Spain´s governor / ECB monetary policy maker de Cos (he didn't...
Trade ideas thread – Tuesday, 28 November, 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,...
The USDJPY makes new session lows and in the process moves below a swing level. What next?
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,...
Crude oil futures settle at $74.86
The price of WTI crude oil futures are settling at $74.86 down $0.68 or -0.90%.The high price for the day reached $76.18 the low price reached $74.11. Prices have been lower for 4 consecutive days. The softer U.S. Dollar provided support to the oil market, balancing...
US Dollar Forecast: PCE, Powell to Set Market Tone, Setups on EUR/USD, USD/JPY
US DOLLAR OUTLOOK – EUR/USD & USD/JPYThe broader U.S. dollar was flat on Monday, but volatility could pick up in the coming trading sessions, with several high-impact events on the calendarThe focus will be on U.S. PCE data, ISM manufacturing results and Powell's...
EURUSD high today stalls at retracement level again
The EURUSD high for the day stalled at the 61.8% retracement of the 2023 trading range. The level came in at 1.0959. Last week the price did extend above that level but only by about 4 or 5 pips before rotating back to the downside. So for the 2nd time in less than...
US treasury auctions $55B of 5 year notes at a high yield of 4.420%
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 to auction off $55 billion of 5-year notes at the top of the hour
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,...
NZDUSD buyers had their shot today. They missed. What next for the pair?
Earlier today, the NZDUSD buyers took the price above its 200-day moving average and 50% midpoint of the move down from the July high to the October low. Both of those technical tools came in at the same 0.6092 level. The high price extended up toward the low of a...
Major European indices start new trading week lower
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,...
U.S. Treasury auctioned off $54 billion of 2-year notes at a high yield of 4.887%
The US treasury auctioned off $54 billion of two-year notes:High-yield 4.887%WI at the time of auction 4.876%Tail: 1.1 basis points versus 6-auction average of -0.4 basis points.Bid-to-Cover Ratio: 2.54X versus 6-auction average of 2.79x.Dealers: 18.76% versus...
Qatar says Gaza truce has been extended for 2-days
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,...
U.S. Treasury to auction off $54 billion of 2-year notes that the bottom of the hour
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,...
Saudi Arabia sees OPEC+ rate cuts, while some members resist
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,...
Dallas Fed manufacturing business index -19.9 versus -19.2 last month
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 trades to a new session low, but remains above hourly moving averages
EURUSD falls from the 61.8% retracementThe EURUSD has traded to a new session low of 1.09244. That took out the Asian session low of 1.0926. The low-to-high trading range is still narrow at 34 pips. That compares to 72 pips average over the last 22 trading days (about...
US new home sales 0.679M versus 0.723M estimate
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 major indices trading marginally lower as stock trading gets underway for the week
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,...
ECB Lagarde: PEPP will be discussed in the not so this the future
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,...
Kickstart your FX trading for Nov 27 with a technical look at EURUSD, USDJPY and GBPUSD
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,...