Fundamental OverviewThe bullish momentum in the USDJPY pair seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with...
Chinese stocks continue down the bumpy stretch of road in the new week
Upon the return from the Golden Week holiday, Chinese equities are finding it tough to sustain the optimism before that. It's been a continuous back and forth battle in trying to push for gains but ultimately, there looks to be some exhaustion - at least for now. The...
European equities mostly a touch higher to start the day
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,...
Spain September final CPI +1.5% vs +1.5% y/y prelim
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,...
France September final CPI +1.1% vs +1.2% y/y prelim
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 August ILO unemployment rate 4.0% vs 4.1% expected
Prior 4.1%Employment change 373k vs 250k expectedPrior 265kAverage weekly earnings +3.8% vs +3.7% 3m/y expectedPrior +4.0%; revised to +4.1%Average weekly earnings (ex bonus) +4.9% vs +4.9% 3m/y expectedPrior +5.1%September payrolls change -15kPrior -59k; revised to...
Germany September wholesale price index -0.3% vs -0.8% m/m prior
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 15 October 10am New York cut
There are some large ones on the board for today but may not feature into play given the current spot price levels.The one for EUR/USD is seen at the 1.1000 mark but as the dollar holds firmer, it's not likely to factor into price action in the session ahead. There...
UK labour market report on the agenda in the session ahead
It's a slower start to the day once again but the dollar is keeping in a good spot, building on the gains in October so far. Tensions in the Middle East are fading but it is only oil prices mostly correcting on the back of that. In the equities space, Wall Street...
BOJ seen keeping interest rates unchanged through year-end – poll
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,...
China banks reportedly set to trim rates on ¥300 trillion of deposits as soon as this week
It is reported that the rates on one-year time deposits may drop by at least 20 bps while those for longer tenors may come down by at least 25 bps. The Chinese banks will be guided by the PBOC's interest rate self-disciplinary mechanism to lower rates on a number of...
Dollar keeps steadier as the week looks to pick up
The changes so far on the day are light but we are seeing some interesting levels come into play for dollar pairs. EUR/USD is starting to tick towards testing levels below 1.0900 with USD/JPY nearing the 150.00 mark. That comes even as risk trades are rallying...
Japan PM says aims to for a supplementary budget higher than last years amount
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: Oil prices drop on Israel assurances
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,...
Five reasons why US inflation risks are still rising
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,...
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Federal Reserve speakers today include Daly, Kugler and Bostic
Tikem s are GMT/US Eastern time:1530/1130 Federal Reserve Bank of San Francisco President Mary Daly speaks and participates in moderated conversation at event hosted by the New York University Stern School of Business, in New York1705/1305 Federal Reserve Board...
PBOC sets USD/ CNY reference rate for today at 7.0830 (vs. estimate at 7.0840)
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,...
BBG: US weighs capping AI chip sales from Nvidia, AMD, other US firms to some countries
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,...
ICYMI – China’s exports grow at their slowest pace in 5 months in September
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,...