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Q1 gold demand strong, driven by China

Q1 gold demand strong, driven by 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,...

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Here’s a forecast for USD/JPY to 165 ICYMI

Here’s a forecast for USD/JPY to 165 ICYMI

Bloomberg conduct survey's of FX forecasts, and it ranks the most accurate analysts. For yen projections, the top spot for Q1 was held by Alvin Tan, head of Asia FX strategy at RBC Capital Markets.Bloomberg report on his outlook, which is a risk of USD/JPY hitting...

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Economic calendar in Asia Friday, 3 May 2024

Economic calendar in Asia Friday, 3 May 2024

Lower-tier data releases only today, from Australia. ECB's Lane is up really soon, let's see what he has to say - a June rate cut seems to be the hot topic. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are...

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EURGBP found support near swing floor area.

EURGBP found support near swing floor area.

The EURGBP has been moving up and down for most of 2024. Last week, the buyers broke higher and in the price extended above the 200-day MA and the 50% of the move down from the December high near 0.8606 area. Momentum last week sent the price to 0.8643 before rotating...

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Nasdaq shifts into high gear, up 1%

Nasdaq shifts into high gear, up 1%

Nasdaq 5 minsThe Nasdaq has extended its gains to 1.1% today as it chews into the late-day drop from yesterday. Importantly, the earlier series of highs in the 15,750 range have given way. The index has been helped by chipmakers today after Qualcomm reported better...

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