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...
Bitcoin slumps below $60,000 as the SEC takes aim again
The SEC has the cryptocurrency market in its crosshairs once again. Crypto.com received a Wells Notice from the US regulator then hit back with a lawsuit in order to defend itself. The SEC intends to sue the digital-asset exchange for allegedly operating as an...
Oil climbs $3 with eyes on the Middle East and China
Brent daily chartChinese markets improved today after Beijing's finance minister teased a Saturday briefing on potential economic measures. That's helped to boost global growth trades including oil but if you look around markets, the other things correlated to growth...
Implied odds of a Fed pause in November rise to 22% after Bostic. Euro hits two-month low
The US dollar jumped after Atlanta Fed President Raphael Bostic signalled openness to pausing in November if the data supports it.“I am totally comfortable with skipping a meeting if the data suggests that’s appropriate," he told the WSJ.With that, the implied odds of...
US treasury auctions off $22 billion of 30 year bonds at a high yield of 4.389%
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 $22 billion of 30 year bonds at the top of the hour
The US treasury will auction off $22 billion of 30 year bonds at the top of the hour. The 6-month averages of the major components shows:Tail 0.9 basis pointsBid to Cover 2 38XDirects (domestic buyers) 18.4%Indirect (international buyers): 65.4%Dealers: 16.2%At the...
WSJ Timiraos: Fed’s Bositc Open to pausing rate cut at the November meeting
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 SNB Vice Chair Martin: No plans to use negative interest rates at the moment
More from SNB Martin: No plans to use negative interest rates at the momentThere are imaginable scenarios where we could take rates negative, but this is not a situation being considered at presentThe SNB does not have a balance sheet objective by itselfThe USDCHF...
French budget watchdog says government 2025 growth forecast is too high at 1.1%
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,...