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,...
FX option expiries for 5 November 10am New York cut
There are just a couple to take note of, as highlighted in bold.And they are for EUR/USD at the 1.0850 and 1.0900 levels. Considering the focus on the US election, this will keep price action more boxed in going into European trading and before we get to the election...
RBA governor Bullock: Rates need to stay restrictive for the time being
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,...
Aussie not finding much in it as the RBA stays on hold
AUD/USD bounced a little around 0.6580 to 0.6590 levels on the decision but that's not indicative of much. The pair remains rangebound, stuck within a 19 pips range on the day. That is telling of the reaction to the RBA's expected decision here. So, what's the main...
ForexLive Asia-Pacific FX news wrap: RBA on hold, China PMI hits a 3 month high
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,...
AUD little changed after hawkish RBA
The Reserve Bank of Australia remains gung-ho on beating inflation, unfussed by high rates given the resilient labour market:Full text is here, the first one is today's decision, the second link is to the SoMP (what's the SoMP? ,,, scroll right down for an...
Reserve Bank of Australia leaves cash rate unchanged at 4.35%, as expected
Reserve Bank of Australia left its cash rate unchanged and didn't signal any change in policy is immininet. Check these out, lifted from the barrage of headlines below:Underlying inflation remains too highInflation is not expected to return sustainably to the midpoint...
Reserve Bank of Australia statement due at the bottom of hour – on hold expected
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,...
European Central Bank President Lagarde speaking Tuesday, Schnabel also
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Tokyo Stock Exchange extended trading hours for 1st time in 70 years, starting today.
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’s Premier Li – government is capable of advancing strong economic growth
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,...
Cross current for GBP – slower pace of rate cuts vs. wobbly confidence on fiscal
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China Caixin Services October PMI 52.0 (50.3 prior)
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PBOC sets USD/ CNY reference rate for today at 7.1016 (vs. estimate at 7.1019)
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,...
RBNZ Governor Orr says economy is lagging rate cuts, which is a concern
The Reserve Bank of New Zealand is on record as regarding two years as a reasonable time for the transmission of monetary policy into the real economy.The first rate cut from them was in August 2024. Governor Orr:Real economy is lagging reduction in interest rates,...
UK – British Retail Consortium (BRC) total sales in October, weakest growth since July
British Retail Consortium (BRC) total sales in October +0.6% y/y, weakest growth since Julyprior (September) +2.0%like-for-like sales +0.3% y/y (prior +1.7%)Barclaycard UK October consumer spending +0.7% y/y, also the weakest growth since Julyprior +1.2%prior +2.0%...
PBOC is expected to set the USD/CNY reference rate at 7.1019 – 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...
RBNZ says economic conditions remain challenging, business is doing it tough
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 October commodity price index +1.4% m/m (prior +1.8%)
The index tracks the prices of 17 of New Zealand's major commodity exports, including dairy products, meat, wool, forestry products, and seafood.ANZ World Commodity Price Index, from the report:+1.4% m/m in Octoberstronger prices were recorded for all major sectors...