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,...
What is on the economic calendar today to close out the trading 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,...
ECBs Elderson: If we lower the interest rate too fast, service inflation could rise
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 the NA session with a technical look at the EURUSD, USDJPY and GBPUSD
The kickstart video above gets the US session going by taking a technical look at the 3 -major currency pairs - the EURUSD, USDJPY and GBPUSD.Technically:The EURUSD found support near its 100 hour MA for the 3rd day in a row. That keeps the buyers in play and control...
Is Apple stock a buy or sell?
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 European FX news wrap: Dollar remains steady, UK retail sales disappoint
Headlines:Markets:EUR leads, GBP and JPY lag on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields down 1.3 bps to 4.592%Gold down 0.3% to $2,706.01WTI flat at $77.87Bitcoin up 2.1% to $102,247It's a bit of a slower session as the week winds...
ECB’s Nagel calls for a more cautious approach to rate cuts
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,...
Nasaq futures analysis today with a trade idea
Nasdaq Futures Market Analysis – January 17, 2025Current Price: 21,345 (as of this analysis)Trade Compass Orientation: Bullish above 21,387 | Bearish below 21,265The TradeCompass remains a key resource for mapping the Nasdaq futures market, simplifying navigation for...
Fed’s Hammack: We can be very patient in considering future rate cuts
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,...
USDCAD Technical Analysis – We remain stuck in the range
Fundamental OverviewThe USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after. Moreover,...
Eurozone December final CPI +2.4% v +2.4% 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,...
GBPUSD Technical Analysis – The greenback remains unfazed
Fundamental OverviewThe USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after. Moreover,...
Majority of BOJ policymakers are reportedly likely to approve a rate hike next week
Here we go. BOJ "leaks" are coming into the picture now and Nikkei is reporting that while some policymakers remain cautious of a rate hike, the majority is still likely to approve one at next week's policy meeting.The yen reaction has been relatively calm by all...
Eurozone November current account balance €34.6 billion vs €32.0 billion 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,...
EURUSD Technical Analysis – How long before the US Dollar gives in?
Fundamental OverviewThe USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after. Moreover,...
USDJPY Technical Analysis – We broke out of the range
Fundamental OverviewThe USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after. Moreover,...
European equities keep up the positive momentum to start the final day of 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,...
Sterling under pressure after disappointing UK retail sales
GBP/USD daily chartCable is now down on the week as sellers are looking to take a crack at a firmer break under 1.2200 today. The catalyst? A softer UK retail sales report in December during the run up to the Christmas holiday period, even when accounting for the...
ECB’s Stournaras: Rate cuts should still continue in the coming meetings
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 December retail sales -0.3% vs +0.4% m/m expected
Prior +0.2%; revised to +0.1%Retail sales +3.6% vs +4.2% y/y expectedPrior +0.5%; revised to 0.0%Retail sales ex autos, fuel -0.6% vs +0.1% m/m expectedPrior +0.3%; revised to +0.1%Retail sales ex autos, fuel +2.9% vs +3.6% y/y expectedPrior +0.1%; revised to...