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,...
Analysts tip a June Bank of England rate cut. Or August 😉
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 Americas FX news wrap 9 May: USD reverses to the downside after weaker claims
The North American session was initially highlighted by the weekly initial jobless claims. They came in higher than expectations at 231K vs 215K estimate. That was thehighest level since November 2023. It is just one week, and the spikes tend to be some funky...
CBA has cut its forecasts for the Australian dollar – central banks key
Commonwealth Bank of Australia forecast for AUD/USD at the end of 2024 is 0.69, down from 0.71 previously. March 2025 forecast is 0.71, from 0.73 previously. CBA cite the interest rate gap, high U.S. bond yields supporting the USD while the Fed remains wary of high...
The Bank of England still has cold feet on rate cuts, reluctant to commit
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,...
Yellen says inflation has fallen substantially, but not enough for rate cuts yet
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,...
S&P index closes at its highest level in a 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,...
Economic calendar in Asia 10 May 2024 is unlikely to move FX too much
Japan was on holiday on Monday so today is bringing a barrage of data to catch up. None of it is likely to shift around the yen too much upon release. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are...
Trade ideas thread – Friday, 10 May, 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,...
Mexican central bank rate decision: Rates unchanged at 11.0% as 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,...
More from Daly: Can’t count on productivity to save the US from inflation
Fed policy is restrictive but it may still take time to bring inflation downThe comments from Daly (and others) lately might as well say 'we have no idea what's going on, we're data watching like the rest of you'. There is a huge amount of money to be made by who...
Feds Daly :Last 3 mos. has left considerable uncertainty about next few mos. of inflation
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 stretches to a new high but running into 100/200 hour MA and retracement
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,...
Fed’s Daly scheduled to be the next Fed official to speak post FOMC decision
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 US treasury auctioned off $25 billion of 30 year bonds at high yield of 4.635%
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,...
Israels Netanyahu:if we must stand alone, if we must fight w/only our fingernails we shall
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,...
More BOEs Pill: in absence of big disturbances to the economy, we will be cutting 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 to auction off $25 billion of 30 year bonds at the top of the hour
The US treasury is to auction off $25 billion of 30-year bonds at the top of the hour. The auction success or failure will be judged on how the results of the major components, compares to the 6-month averages. High Yield:Previous: 4.671%Six-auction average:...
BOE Pill: We are more confident we can start to reduce policy restriction…
BOE Pill is now speaking and says: We are more confident we can start to reduce policy restriction, but we are not there yet.Need more data before moving toward lower rates.The GBPUSD moved higher helped by the USDs decline today (outweighed the BOE rate decision and...
WH Kirby: US believes there are better ways to go after what is left of Hamas
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,...