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,...
Bank of Korea rate cut as expected, base rate to 3.25% from 3.5%
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,...
Singapore’s central bank meets Monday, expected to maintain steady policy
The Monetary Authority of Singapore (MAS) is the country's central bank. Its policy meeting is on Monday, October 14.MAS is expected to hold policy steady:9 out of 10 analysts polled by Reuters expect MAS to keep policy unchanged at April 15 meetingInflation remains...
PBOC is expected to set the USD/CNY reference rate at 7.0737 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
JP Morgan projects US inflation to gradually return to Fed target rate
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,...
‘Bond king’ Bill Gross says stock market’s record-setting run will slow
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,...
Barclays on the risk of $15 jump higher for oil prices
Barclays analysts suggest that a potential Israeli strike on Iranian oil production or export infrastructure presents a binary risk to the global oil markets. Such an event could shrink the current excess in spare capacity, which has been exerting downward pressure on...
“Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk”
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,...
Trump’s desire to trash the US dollar could be blocked by the Fed & China
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: US CPI higher than expected
Markets:Gold up $20 to $2628WTI crude oil up $2.71 to $75.96US 10-year yields flat at 4.07%S&P 500 down 0.2%JPY leads, CAD lagsIt was a lively session feature some notable data and central bank speak. The market was uneven throughout, particularly in FX where the...
Here’s why you should wear a “Make Fed Speeches Great Again” hat
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,...
New Zealand food price index +0.5% m/m in September (prior +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,...
New Zealand manufacturing PMI for September improves to a still dire 46.9 (prior 46.1)
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,...
Bostic is at it again – suggests ‘totally comfortable’ with a November Fed pause
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,...
Biden and Netanyahu ‘made significant progress’ on limiting strike on Iran
A report in Walla News is weighing on oil.It says that:Prime Minister Benjamin Netanyahu and US President Joe Biden made significant progress during their phone call on Wednesday in reaching an understanding regarding the scope of Israel's planned retaliatory action...
US stocks close modestly lower in up and down trading
Major US stock indices are closing lower day after both the S&P and the Dow industrial average closed at record levels. The final numbers are showing:Dow industrial average -57.92.2 or -0.14% at 42454.18S&P index -11.99 points or -0.21% at 5780.05.NASDAQ index...
Economic calendar in Asia 11 October 2024 – a light one
None of this lot is likely to move major FX much upon release. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case...
Trade ideas thread – Friday, 11 October, 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,...
AUDUSD trades up and down in trading today with swing areas defining support & resistance.
The AUDUSD fell to - and through the 38.2% retracement of the move up from the August low at 0.67146 late yesterday, but bounced higher in the Asian session today. The high price in the Asian session extended up to 0.67417 which was just short of the low of a swing...
BofA: FX flows and positioning analysis for Q3
Bank of America analyzes FX flows and positioning at the end of Q3, highlighting a neutral stance on the USD while investors favored long positions in AUD and maintained shorts in CAD, CHF, and SEK.Key Points:Market Positioning:At the end of Q3, the market was neutral...