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,...
Sour mood for risk sentiment this morning
Risk sentiment has been fairly sour across major asset classes this morning.• In FX we can see the AUD, CAD and NZD (high beta currencies) are the weakest, while the JPY is the strongest, with the USD a surprising rangebound today.• In equities, the talk of the town...
Iran’s FM to visit Saudi Arabia and regional nations to address escalating tensions
Iran’s foreign minister to visit Saudi Arabia and regional nations to address escalating tensions Full Story on PiQ SuiteIran’s Foreign Minister Abbas Araqchi will visit Saudi Arabia and other regional countries to discuss stopping what he described as Israel’s...
USDJPY Technical Analysis – The market is back in line with the Fed’s view
Fundamental OverviewThe USD rallied across the board last Friday following the hot US NFP report. The market priced out all the aggressive expectations and it’s now finally in line with the Fed’s projections. The focus remains on the economic data. If we keep getting...
More from Fed’s Kugler: The Fed is looking at trends in the labour market, not single data
Federal Reserve Governor Adriana Kugler noted that while the U.S. labor market is cooling, it remains resilient.Full Story on PiQ SuiteSpeaking at a European Central Bank conference, Kugler highlighted the Fed's aim to avoid a significant slowdown in employment,...
Nasdaq 100 Forecast: Watch bear flag breakdown opportunity today
Nasdaq Forecast: Key Levels to Watch as Bear Flag FormsThe Nasdaq 100 (NDX) is currently showing signs of a potential breakdown from its ascending channel, a pattern commonly associated with bearish price movement. As traders and investors closely monitor this...
ECB’s Kazaks: Data points to October rate cut
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 Kugler: Support additional rate cuts if progress on inflation continues
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 @Newsquawk Europe Market Open: China’s NDRC press conference met with disappointment
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,...
French Trade Balance data for August reveals a shortfall, impacting Exports
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,...
Iran Warns Israel of Stronger Retaliation if Attacked Amid Rising Tensions
Iran Warns Israel of Stronger Retaliation if Attacked Amid Rising TensionsFull Story on PiQ SuiteIran has issued a warning to Israel, stating that any attack on its infrastructure will be met with stronger retaliation. Following a missile strike on Israel last week...
German Industrial Production Beats Expectations at 2.9% Rise in 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,...
ECB Elderson Warns of Materialising Risks to Economic Growth Ahead of Key October 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,...
Fed’s Williams Signals More Rate Cuts Ahead After September Reduction
Federal Reserve Bank of New York President John Williams suggested that further rate cuts will be appropriate over time, aligning with Chair Jerome Powell’s outlook for gradual reductions.Full Story on PiQ SuiteWilliams told the FT:"I personally expect that it will be...
China’s Economic Planner Confident in Achieving 2024 Goals Despite Complex Challenges
China’s top economic planner expressed confidence in meeting its 2024 economic and social development targets, supported by accelerated fiscal spending and the early release of funds from the 2025 budget.Full Story on PiQ SuiteWhile stimulus measures initially boosted...
ForexLive Asia-Pacific FX news wrap: China’s NDRC press conference disappoints markets
Federal Reserve speakers on Tuesday include Kugler, Bostic, Collins, JeffersonECB board member Isabel Schnabel will be speaking TuesdayRBA's Hauser says Bank must remain strong in fight against inflationChina NDRC conference continues, AUD slips a little...
Federal Reserve speakers on Tuesday include Kugler, Bostic, Collins, Jefferson
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,...
ECB board member Isabel Schnabel will be speaking Tuesday
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,...
RBA’s Hauser says Bank must remain strong in fight against 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,...
China NDRC conference continues, AUD slips a little further
The National Development and Reform Commission of the People's Republic of China (NDRC) is China's 'state planner'. The press conference was much hyped for another big dose of stimulus.So far there has been nothing of note. AUD and other FX is drifting off a bit on...