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,...
Wednesday marked one of the largest daily USDJPY pip returns in FX history
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 September commodity price index +1.8% m/m (prior +2.1%)
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,...
Federal Reserve rate cuts under threat from US port strike
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 preview – most likely cut the cash rate by 50bps next week, and again in November
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,...
Australian (final) services PMI for September 50.5 (prior 52.5)
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,...
Here’s a forecast for USD/JPY back to 150 – stick a fork in the BOJ, they’re (nearly) done
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,...
GBP forecasts: EUR/GBP to 0.85 but GBP/USD to 1.3530
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,...
100bp of rate cuts coming up from the Reserve Bank of New Zealand, beginning next week
There is a cascade of 50bp rate cut calls for the Reserve Bank of New Zealand meeting next week:TD are projecting a 50bp rate cut next week also, but adding they expect the same size cut at the November meeting.Analysts at TD are maintaining their forecast for a 50...
The big reason that’ll make the European Central Bank cut rates to as low as 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,...
Forexlive Americas FX news wrap 2 Oct: JPY moves sharply lower as rate hikes off table
The JPY moved sharply lower in trading today and is ending the day as the runaway weakest of the major currencies. The AUD, USD and CAD are the strongest. The move lower in the JPY was largely driven earlier in the day by Japan's Prime Minister Ishida's comments that...
Barclays are expecting the European Central Bank to cut more than 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,...
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Pushing Into a New Age for Digital Advertising – Alkimi Secures Top Exec in NED Role
UK-based Alkimi, the world's first decentralised ad exchange, is excited to announce the appointment of Robert Bradley as Non-Executive Director. Robert brings over 20 years of experience in the media industry, working for the biggest media brands, and leading digital...
US major indices close marginally higher
US major indices are closing the day higher with modest changes. The indices moved lower at the start of the trading day with lows reached in the 1st hour of trading. At session lows:Dow industrial average was down 188.18 pointsS&P index was down -34.75...
Economic calendar in Asia Thursday, October 3, 2024
While the trade data from Australia is marked as high priority its unlikely to shift the AUD too much upon release. A low priority calendar overall. Note that mainland China remains on holiday today. Hong Kong markets are open (Stock Connect is not ... what is Stock...
Trade ideas thread – Thursday, 3 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,...
USDJPY retests the highs from last Friday
The USDJPY is trading to a new high at 146.47. In doing so, the pair is up testing the high from last Friday at 146.465. Technically, a move above that high with momentum would have traders targeting the tabletop near 147.189 from September 2 and September 3The move...
Goldman Sachs: Be careful with USD shorts, EUR/USD could head to 1.0950
EURUSD dailyGoldman Sachs notes a notable shift in market sentiment regarding widespread short positions in the USD, suggesting caution over how much further USD weakness can persist.Key Points:There is growing caution about the extent of USD weakness driven solely by...
Barkin Q&A: ‘Last mile’ of inflation may still take longer than 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,...